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CoreCivic's New Contracts On Focus, Analyst Sees Revenue Opportunities In 2026
CXWCoreCivic(CXW) Benzinga·2025-02-11 18:46

Group 1 - CoreCivic, Inc. reported fourth-quarter revenue of 479.3million,exceedinganalystestimatesof479.3 million, exceeding analyst estimates of 465.17 million, and funds from operations (FFO) of 39 cents per share, surpassing estimates of 34 cents per share [1] - For full-year 2025, CoreCivic expects net income to range between 53.5millionand53.5 million and 67.5 million, with FFO projected at 1.37to1.37 to 1.50 per share, compared to estimates of 1.77pershare[2]−TheanalystbelievesthatnewICEcontractsarelikelytobesecuredthisyear,whichwouldsupportabove−consensusearningsexpectationsfor2026[2][3]Group2−CoreCivic′sguidancedoesnotcurrentlyincludenewcontractawards,butmanagementanticipatessecuringmultipleagreementsin2025,withupdatestobeprovidedascontractsaresigned[3]−Theanalyst′sestimatesconsiderthepotentialforsignificantnewcontracts,supportedbyCoreCivic′savailablecapacity[3]−CoreCivicsharesexperiencedaslightincreaseof0.321.77 per share [2] - The analyst believes that new ICE contracts are likely to be secured this year, which would support above-consensus earnings expectations for 2026 [2][3] Group 2 - CoreCivic's guidance does not currently include new contract awards, but management anticipates securing multiple agreements in 2025, with updates to be provided as contracts are signed [3] - The analyst's estimates consider the potential for significant new contracts, supported by CoreCivic's available capacity [3] - CoreCivic shares experienced a slight increase of 0.32%, reaching 18.90 [3]