Exhibit 99.1 News Release Contact: Investors: Mike Grant - Managing Director, Investor Relations - (615) 263-6957 Financial Media: David Gutierrez, Dresner Corporate Services - (312) 780-7204 CORECIVIC REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS COST MANAGEMENT AND HIGHER OCCUPANCY CONTINUE TO DRIVE POSITIVE FINANCIAL PERFORMANCE RAISES FULL YEAR FINANCIAL GUIDANCE BRENTWOOD, Tenn. – November 6, 2024 – CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its third quarter 2024 financial r ...

Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.While prison stocks could benefit from Trump back in office and policies to expand private prison and immigration detention centers, past market history shows these stocks fell during Trump's previous four years in the White House.What Happened: Investors could be feeling déjà vu with prison stocks moving higher after Trump's win Tu ...

Subscribers to Chart of the Week received this commentary on Sunday, September 15. There will only be two presidential debates this election cycle now that former President Donald Trump declined to debate Vice President and Democratic nominee Kamala Harris a second time. The first debate yielded a clear winner in Trump, while the second one was decidedly positive for Harris, given her surge in the polls in the following days. Because each candidate received a notable bump in the polls after their respective ...

Financial Data and Key Metrics Changes - In Q2 2024, CoreCivic generated revenue of $490.1 million, a 6% increase compared to the prior year quarter [5] - Normalized funds from operations (FFO) were $46.6 million, or $0.42 per share, representing a 27% increase per share from $37.8 million, or $0.33 per share, in Q2 2023 [5][27] - GAAP net income was $0.17 per share compared to $0.13 per share in the prior year quarter [27] - Adjusted EBITDA increased to $83.9 million, up from $72.1 million in the prior year quarter, a 16% increase [28] Business Line Data and Key Metrics Changes - Revenue from federal partners increased by 7% year-over-year, with ICE revenue rising to $151 million from $136.7 million [7][29] - State revenue in the Safety and Community segments grew by 5%, driven by higher per diem rates and new contracts [10][29] - Local revenue surged by 49%, primarily due to new contracts with Hinds County, Mississippi, and Harris County, Texas [12][30] - Overall occupancy in Safety and Community segments increased to 74.3% from 70.3% in the prior year [12][31] Market Data and Key Metrics Changes - Federal revenue in Safety and Community segments increased by $16.1 million, or 6.6%, while state revenue rose by $9.5 million, or 5.3% [29] - Local revenue increased by $4.1 million, or 49%, reflecting new contracts signed in late 2023 [30] - The occupancy in the Safety segment improved from 70.8% to 75.1%, while the Community segment saw a slight decline from 62.8% to 62.3% [13] Company Strategy and Development Direction - CoreCivic is focusing on capital allocation strategies, including stock repurchase plans and debt repayments [4][18] - The company is actively engaging with federal, state, and local government agencies to address their capacity challenges [21][22] - The termination of the South Texas Family Residential Center contract is seen as an opportunity to reallocate resources to other facilities [20][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong macro environment for federal, state, and local business despite the contract termination [21] - The company anticipates stable federal populations for the remainder of 2024, with potential upside if national detention populations increase [35] - Management noted that labor market pressures have normalized, allowing for improved staffing and reduced operational costs [14][15] Other Important Information - The company repurchased 1.3 million shares at a cost of $20 million during Q2 2024, with total repurchases in 2024 reaching 4 million shares [17][34] - The leverage ratio was reported at 2.5 times net debt to adjusted EBITDA, within the targeted range [18][34] - The company expects adjusted EPS of $0.58 to $0.66 and normalized FFO per share of $1.48 to $1.56 for 2024 [35] Q&A Session Summary Question: Can the South Texas facility options be kept open due to potential changes in administration? - Management confirmed that they are keeping options open for the South Texas facility and have a good relationship with the owner [41][42] Question: How did state budgets and per diem increases play out this year? - Management indicated that per diem increases were in the range of 2% to 4%, reflecting a more normal year compared to previous years [44][46] Question: Is ICE budget constrained, and how does the South Texas contract termination affect capacity? - Management acknowledged budget constraints but noted that the termination allows for flexibility to increase populations in other facilities [47][48] Question: What is the outlook for margin expansion in the second half of the year? - Management expressed optimism for margin expansion due to increased occupancy and per diem increases, despite the impact of the South Texas contract termination [59] Question: What is the timeline for potential new facility openings related to recent RFIs and RFPs? - Management indicated that while new contracts may take time, the termination of the South Texas contract frees up funds for new capacity [60][62]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-16109 CORECIVIC, INC. (Exact name of registrant as specified in its charter) MARYLAND 62-1763875 (State or other jurisdiction of incorpora ...

Higher Occupancy and Cost Management Initiatives Drive Positive Quarterly Financial Performance BRENTWOOD, Tenn., Aug. 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its second quarter 2024 financial results. Financial Highlights – Second Quarter 2024 Total revenue of $490.1 million CoreCivic Safety revenue of $455.4 million CoreCivic Community revenue of $30.3 million CoreCivic Properties revenue of $4.4 million Net income of $19.0 million; Adjusted Net ...

Exhibit 99.1 News Release Contact: Investors: Mike Grant - Managing Director, Investor Relations - (615) 263-6957 Financial Media: David Gutierrez, Dresner Corporate Services - (312) 780-7204 CORECIVIC REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS HIGHER OCCUPANCY AND COST MANAGEMENT INITIATIVES DRIVE POSITIVE QUARTERLY FINANCIAL PERFORMANCE BRENTWOOD, Tenn. – August 7, 2024 – CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its second quarter 2024 financial results. Financial Highligh ...

Death cross stocks – on the surface, the title sounds incredibly menacing. However, it may be one of the more misunderstood concepts. By the end of this short introduction, you'll view this indicator in a more nuanced manner. Simply put, the death cross signal flashes when a shorter-term moving average (typically the 50-day moving average) slips below the longer-term average (usually the 200 DMA). What it indicates is that more recent price action has been volatile compared to the longer-running dynamic. So ...

BRENTWOOD, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, August 7, 2024. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, August 8, 2024. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIdd7601382fc644b791a9 ...

BRENTWOOD, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, August 7, 2024. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, August 8, 2024. Participants may access the audio-only webcast of the conference call from the Company's website at www.corecivic.com under the "Events & Presen ...