CoreCivic(CXW)
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CoreCivic(CXW) - 2024 Q2 - Quarterly Results
2024-08-07 20:02
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 ...
7 ‘Death Cross' Stocks That Could Be Contrarian Buys
Investor Place· 2024-07-17 18:29
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 ...
CoreCivic Announces 2024 Second Quarter Earnings Release and Conference Call Dates
GlobeNewswire News Room· 2024-07-01 12:00
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 ...
CoreCivic Announces 2024 Second Quarter Earnings Release and Conference Call Dates
Newsfilter· 2024-07-01 12:00
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 ...
Why Is CoreCivic (CXW) Stock Down 26% Today?
Investor Place· 2024-06-11 13:09
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 ...
CoreCivic Receives Termination Notice From U.S. Immigration and Customs Enforcement At South Texas Family Residential Center
GlobeNewswire News Room· 2024-06-10 23:12
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(CXW) - 2024 Q1 - Earnings Call Transcript
2024-05-09 18:18
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 ...
CoreCivic(CXW) - 2024 Q1 - Quarterly Report
2024-05-09 15:08
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 ...
CoreCivic(CXW) - 2024 Q1 - Quarterly Results
2024-05-09 13:14
• 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 ...
CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call Dates
Newsfilter· 2024-04-08 21:17
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 ...