CoreCivic(US:CXW)2019-11-08 13:51Okay, I will summarize the main points and logic of the report, focusing on specific figures and percentages, and adhering to the specified output format. Financial Performance Highlights - Adjusted Diluted Earnings Per Share (EPS) for the three months ended September 30, 2019, was $0.47, compared to $0.36 in 2018[4] For the nine months ended September 30, 2019, it was $1.36, compared to $1.04 in 2018[4] - Normalized Funds From Operations (FFO) per share for the three months ended September 30, 2019, was $0.70, compared to $0.58 in 2018[4] For the nine months ended September 30, 2019, it was $2.03, compared to $1.67 in 2018[4] - Adjusted Funds From Operations (AFFO) per share for the three months ended September 30, 2019, was $0.70, compared to $0.54 in 2018[4] For the nine months ended September 30, 2019, it was $2.00, compared to $1.59 in 2018[4] - Total revenue for the three months ended September 30, 2019, was $508.522 million, compared to $462.728 million in 2018[7] For the nine months ended September 30, 2019, it was $1.482880 billion, compared to $1.353573 billion in 2018[7] - Net income for the three months ended September 30, 2019, was $48.994 million, compared to $40.994 million in 2018[7] For the nine months ended September 30, 2019, it was $146.912 million, compared to $117.968 million in 2018[7] Guidance Summary (Full Year 2019) - The company projects net income to be between $191.5 million and $196 million[5] - Adjusted net income is projected to be between $207.2 million and $211.7 million[5] - Funds From Operations (FFO) is expected to be between $303.1 million and $307.6 million[5] - Normalized Funds From Operations (FFO) is projected to be between $314.4 million and $318.9 million[5] - Adjusted Funds From Operations is expected to be between $308.4 million and $313.4 million[5] Debt and Capitalization - Total debt outstanding as of September 30, 2019, was $1.875422 billion[13] - The company had $585.695 million available under its revolving credit facility as of September 30, 2019[13] - The market value of common equity at the end of the period was $2.057979 billion[13] - The annualized dividend yield was 10.2%[13] Facility Portfolio and Occupancy - The average compensated occupancy for all facilities was 82.9% for the quarter ended September 30, 2019[14] - CoreCivic Safety Facilities had an average compensated occupancy of 83.4%[16] - CoreCivic Community Facilities had an average compensated occupancy of 76.3%[16] - Total design capacity for all facilities as of September 30, 2019, was 78,619[36] Contract Retention - The company's total contract retention rate was 92.5%[26] - The retention rate for owned and controlled contracts was 93.5%[26] - The retention rate for managed-only contracts was 85.7%[26]