CoreCivic Inc expected to post earnings of 15 cents a share - Earnings Preview

Corecivic

07/05/2024 03:02

* CoreCivic Inc  CXW.N   CXW  is expected to show a rise in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Brentwood Tennessee-based  company is expected to
report a
4.3% increase in revenue to $477.919 million from $458 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for CoreCivic Inc is for
earnings
of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CoreCivic
Inc is
$19.00​, above​ its last closing price of $15.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.18        0.18       0.23      Beat    28.3
 Sep. 30 2023  0.13        0.13       0.12      Missed  -8
 Jun. 30 2023  0.12        0.12       0.13      Beat    11.4​
 Mar. 31 2023  0.15        0.15       0.11      Missed  -24.1
 ​​Dec.        0.16        0.19       0.21      Beat    8.6
 31 2022                                                
 Sep. 30 2022  0.57        0.45       0.58      Beat    29.9​
 Jun. 30 2022  0.15        0.15       0.09      Missed  -41.3
 Mar. 31 2022  0.20        0.20       0.16      Missed  -18.6
 This summary was machine generated May 7 at 02:01 GMT.  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)