CoreCivic says that this termination introduces uncertainties surrounding its financial guidance. As such, the company is suspending its outlook for 2024. It does note that it expects this to have a negative earnings per share impact of 38 cents to 41 cents for the year. CoreCivic says that it has also notified the lessor of the facility about this change. This allows it to leave the lease after 60 days. That matches with the timing of the government contract ending. How This Affects CXW Stock Today With th ...

For the year ended December 31, 2023, and for the quarter ended March 31, 2024, total revenues at the Facility were $156.6 million and $39.3 million, respectively. Given that the notice of termination was received today and based on cost uncertainties associated with the closure, CoreCivic is suspending its financial guidance for 2024. However, we estimate the annualized financial impact to be a reduction to earnings per share of approximately $0.38 to $0.41. CoreCivic leases the Facility and the site upon ...

CoreCivic, Inc. (NYSE:CXW) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Mike Grant - MD, IR Damon Hininger - President & CEO David Garfinkle - EVP & CFO Brian Hammonds - VP, Finance Conference Call Participants Joe Gomes - Noble Capital M. Marin - Zacks Ben Briggs - StoneX Group Incorporated. Kirk Ludtke - Imperial Capital Brian Violino - Wedbush Operator Good day and thank you for standing by. Welcome to the Q1 2024 CoreCivic, Incorporated Earnings Conference Call. At this ...

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: MARCH 31, 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) (State or other jurisdiction of incorporation or organizatio ...

• Adjusted EBITDA of $89.5 million Contact: Investors: Mike Grant - Managing Director, Investor Relations - (615) 263-6957 Financial Media: David Gutierrez, Dresner Corporate Services - (312) 780-7204 HIGHER OCCUPANCY PROPELS STRONG QUARTERLY FINANCIAL PERFORMANCE CAPITAL STRATEGY HIGHLIGHTS INCLUDE SIGNIFICANT SHARE BUYBACK AND DEBT REFINANCING IN QUARTER Commenting on capital market activities for the quarter, Hininger added, "In addition to the strong quarterly financial results, we are equally pleased w ...

BRENTWOOD, Tenn., April 08, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the Company) announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 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, May 9, 2024. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIa41ba53918294659afa34f33feb ...

BRENTWOOD, Tenn., April 08, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 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, May 9, 2024. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIa41ba53918294659afa34f33fe ...

While political cycles are always difficult to predict, the challenge of finding stocks for the presidential election is slightly easier. How can that be, you might wonder? Believe it or not, Democrats and Republicans have quite a few things in common.To be sure, the focus right now centers on some of the starkest differences. Toward the end of this article, we’ll dive into this contrast. However, for the most part, the messaging is largely the same: America this, America that, we’re going to go here and go ...

BRENTWOOD, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic") announced today that it has completed the previously announced underwritten registered public offering of $500 million aggregate principal amount of 8.250% senior notes due 2029 (the "Notes"). The Notes are senior unsecured obligations of CoreCivic and are guaranteed by all of its subsidiaries that guarantee CoreCivic's senior secured credit facilities, the $243.1 million outstanding aggregate principal amount of i ...

BRENTWOOD, Tenn., March 05, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic") announced today that it successfully upsized and priced its offering of $500 million aggregate principal amount of 8.25% senior notes due 2029 (the "Notes"). The aggregate principal amount of the Notes to be issued in the offering was increased to $500 million from the previously announced $450 million. The Notes will be senior unsecured obligations of CoreCivic and will be guaranteed on a senior unsecured basis by ...