CoreCivic Inc CXW.N reported quarterly adjusted earnings of 17 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of five analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 7 cents to 12 cents per share.
Revenue fell 2.4% to $479.29 million from a year ago; analysts expected $465.17 million.
CoreCivic Inc's reported EPS for the quarter was 17 cents.
The company reported quarterly net income of $19.28 million.
CoreCivic Inc shares had fallen by 15.2% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the business support services peer group is also "buy"
Wall Street's median 12-month price target for CoreCivic Inc is $28.00
This summary was machine generated from LSEG data February 10 at 10:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.10 | 0.17 | Beat |
Sep. 30 2024 | 0.09 | 0.19 | Beat |
Jun. 30 2024 | 0.13 | 0.17 | Beat |
Mar. 31 2024 | 0.15 | 0.08 | Missed |
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