BUZZ-Prison operator CoreCivic slides after 2025 EPS forecast misses expectations

Reuters
02-12
BUZZ-Prison operator CoreCivic slides after 2025 EPS forecast misses expectations

** Shares of CoreCivic CXW.N down 3.8% at $18.13 on Tues after full-year earnings outlook missed consensus

** CXW shares fell as much as 12.6% to $16.46 on the session to lowest levels since the presidential election

** Tennessee-based prison operator late Mon said expects 2025 EPS of $0.48-$0.61, below LSEG estimate of $0.80

** FFO/sh forecast for 2025 of $1.37-$1.50 also missed estimate of $1.77

** Though for Q4, it posted adj EPS of $0.16 on rev of $479.3 mln, topping Street expectations of $0.10/$465.2 mln

** 3 of 4 analysts covering CXW rate stock "strong buy" or "buy', 1 rates "hold" and their median PT is $28

** CXW shares closed at $13.63 at Nov 5 and soared as high as $24.99 days after Donald Trump clinched a second term in the White House. Trump has vowed to crack down on illegal immigration, which was seen as potential tailwind for detention centers demand

** Shares of peer Geo Group GEO.N off 1% on Tues. Its Q4 results are due to be released on Feb 27 before the bell

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10