CoreCivic Inc expected to post earnings of 9 cents a share - Earnings Preview

Corecivic

04/11/2024 22:09

* CoreCivic Inc  CXW.N   CXW  is expected to show a fall in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Brentwood Tennessee-based  company is expected to
report a
2.9% decrease in revenue to $469.83 million from $483.71 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for CoreCivic Inc is for
earnings
of 9 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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
$16.68​, above​ its last closing price of $13.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.12        0.13       0.17      Beat    32.8
 Mar. 31 2024  0.15        0.15       0.08      Missed  -46.7
 Jan. 1 0001   0.18        0.18       0.23      Beat    28.3​
 Jan. 1 0001   0.13        0.13       0.12      Missed  -8
 ​​Jun.        0.12        0.12       0.13      Beat    11.4
 30 2023                                                
 Mar. 31 2023  0.15        0.15       0.11      Missed  -24.1​
 Jan. 1 0001   0.16        0.19       0.21      Beat    8.6
 Sep. 30 2022  0.57        0.45       0.58      Beat    29.9
 This summary was machine generated November 4 at 22:09 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)