tiprankstipranks
Advertisement
Advertisement

CoreCivic reports Q1 adjusted EPS 40c, consensus 29c

Reports Q1 revenue $614.73M, consensus $608.17M. Patrick Swindle, CoreCivic’s (CXW) President and Chief Executive Officer, commented, “Our strong first quarter financial results were driven by the activation of four previously idled facilities since the first quarter of 2025. We anticipate increased demand from our federal, state, and local government partners in the second half of the year after a recent downturn due to enforcement redeployments and overall strategy adjustments within the Department of Homeland Security. We are well-positioned to meet demand given our readily available capacity, in both existing and idle facilities.”

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1