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Corecivic Inc (CXW.N)

CXW.N on New York Stock Exchange

24.27USD
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

CCA reports third quarter 2016 financial results
Wednesday, 2 Nov 2016 04:15pm EDT 

Corrections Corp Of America : Corrections Corp Of America sees fy2016, adjusted diluted eps of $1.80 to $1.81 . Corrections Corp Of America sees for fy 2016, ffo per diluted share $2.56 to $2.57 . Corrections Corp Of America sees for fy 2017, diluted eps of $1.38 to $1.49 . Corrections Corp Of America- sees for fy 2017, adjusted diluted eps $1.40 to $1.50 . Corrections Corp Of America- sees for fy 2016, adjusted diluted eps $1.80 to $1.81 . Fy2016 earnings per share view $1.76 -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $1.19 -- Thomson Reuters I/B/E/S . Fy2016 FFO per share view $2.58 -- Thomson Reuters I/B/E/S . CCA reports third quarter 2016 financial results . Q3 adjusted FFO per share $0.69 . Q3 revenue $474.9 million versus i/b/e/s view $470.4 million .Q3 FFO per share $0.67.  Full Article

Corrections Corporation of America rebrands as Corecivic
Friday, 28 Oct 2016 11:00am EDT 

Corrections Corp Of America : Corrections Corporation of America rebrands as Corecivic . Says under Corecivic brand, company will provide three distinct business offerings .Corrections Corp of America - company does not anticipate any impact of rebranding on its contractual relationships with government partners.  Full Article

Corrections Corp Of America sees q3 EPS $0.43 to $0.45
Monday, 17 Oct 2016 04:30pm EDT 

Corrections Corp Of America : Sees q3 earnings per share $0.43 to $0.45, sees fy 2016 earnings per share $1.73 to $1.75, sees fy 2017 earnings per share $1.33 to $1.43 . Sees q3 adjusted earnings per share $0.47 to $0.48, sees fy 2016 adjusted earnings per share $1.78 to $1.81, sees fy 2017 adjusted earnings per share $1.35 to $1.45 . Sees q3 FFO per share $0.63 to $0.65, sees fy 2016 FFO per share $2.52 to $2.55, sees fy 2017 FFO per share $2.09 to $2.19 . Corrections Corp Of America - sees q3 normalized FFO per share $0.67-$0.68, sees fy 2016 normalized FFO per share $2.57-$2.60, sees normalized FFO per share $2.11-$2.21 . "currently assessing our capital allocation and dividend policies" . Q3 FFO per share view $0.67 -- Thomson Reuters I/B/E/S . Fy2016 FFO per share view $2.63 -- Thomson Reuters I/B/E/S .Fy2017 FFO per share view $1.99 -- Thomson Reuters I/B/E/S.  Full Article

CCA provides update on customer interactions in response to DoJ
Monday, 29 Aug 2016 08:00am EDT 

Corrections Corp Of America : CCA provides update on customer interactions in response to DoJ announcement . Says "we also expect other government partners to further study their utilization of private prison sector" .Says "we welcome additional interactions and assessments of our services".  Full Article

Fitch places Corrections Corp.'s 'BB+' IDR on rating watch negative
Monday, 22 Aug 2016 11:05am EDT 

: Fitch places Corrections Corp.'s 'BB+' IDR on rating watch negative .Fitch On Corrections Corp - Believes there are few attractive capital sources available to company to de-lever.  Full Article

Corrections Corp Of America CEO Damon Hininger reports purchase of 2,870 shares at $16.60/share
Friday, 19 Aug 2016 05:49pm EDT 

Corrections Corp Of America :CEO Damon Hininger reports purchase of 2,870 shares of co's common stock on Aug 18 at $16.60/share - SEC filing.  Full Article

Moody's downgrades Corrections Corporation of America's senior unsecured bond rating to Ba1
Friday, 19 Aug 2016 09:53am EDT 

Moody's - : Moody's downgrades Corrections Corporation of America's senior unsecured bond rating to Ba1; outlook revised to negative .Moody's on Corrections Corporation of America - Upward rating movement will be unlikely in medium term; will require clarity on effect of DOJ announcement.  Full Article

CCA responds to U.S. decision to phase out federal use of private prisons
Friday, 19 Aug 2016 06:00am EDT 

Corrections Corp Of America : Responds To BOP Decision To Amend Car 16 Solicitation By Reducing Previously Announced 10,800 Contract Beds To 3,600 Contract Beds . CCA Responds To The Department Of Justice's Decision To Reduce Reliance On Privately Operated Prisons And Announces Investor And Analyst Conference Call . CCA's Eden Detention Center, Containing 1,422 Beds, Is Included In Car 16 Solicitation . At This Time Contracts At Three Facilities CCA Operates On Behalf Of BOP Remain Unchanged . Contracts At Three Facilities CCA Operates On Behalf Of BOP Represent About $131.2 Million In Annual Revenues . BOP Will Determine Whether To Extend These Contracts At End Of Respective Contract Terms . Will Continue To Provide Service To Government Partners Pursuant To Over 100 Contracts .Disappointed With BOP's Decision To Reduce Its Utilization Of Privately Operated Facilities To Meet Their Capacity Needs.  Full Article

CCA reports Q2 adjusted FFO per share $0.69
Wednesday, 3 Aug 2016 04:15pm EDT 

Corrections Corp Of America : Q2 adjusted FFO per share $0.69 . Q2 revenue rose 0.9 percent to $463.3 million . CCA reports second quarter 2016 financial results . Q2 FFO per share $0.69 . Sees Q3 diluted EPS $0.46 to $0.48 . Corrections Corp of America sees FY FFO per diluted share $2.62 to $2.67 . Sees Q3 FFO per diluted share $0.66 to $0.68 . Sees Q3 normalized ffo per diluted share $0.67 to $0.68 . FY2016 FFO per share view $2.63 -- Thomson Reuters I/B/E/S . Sees Q3 adjusted diluted eps $0.47 to $0.48 . Corrections Corp of America sees Q3 normalized FFO per diluted share $0.67 to $0.68 . Corrections Corp of America sees FY normalized FFO per diluted share $2.64 to $2.68 . During 2016 expect to invest approximately $99.0 million to $109.0 million in capital expenditures . During 2016, expect to invest approximately $99.0 million to $109.0 million in capital expenditures .Q3 FFO per share view $0.67 -- Thomson Reuters I/B/E/S.  Full Article

CCA announces acquisition of residential reentry facility in California
Tuesday, 14 Jun 2016 08:00am EDT 

Corrections Corp Of America : Deal for approximately $7.7 million, excluding transaction related expenses .Cca announces acquisition of residential reentry facility in Long Beach, California.  Full Article