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Corrections Corp Of America Raises Q4, FY 2012 Guidance; Issues FY 2013 FFO Guidance Above Analysts' Estimates


Thursday, 7 Feb 2013 05:30pm EST 

Corrections Corp Of America raises it fiscal 2012 guidance and expects full year adjusted diluted earnings per share (EPS) to be the range of $1.56 to $1.57, funds from operations (FFO) per diluted share of $2.34 ot $2.35, with full year Adjusted Funds From Operations Per Diluted Share (AFFO) to be in the range of $2.32 to $2.34. The Company also raised its fourth quarter 2012 guidance and expects adjusted EPS in the range of $0.43 to $0.44. For fiscal 2013, it expects adjusted diluted EPS of $2.05 to $2.15, FFO per diluted share of $2.80 to $2.90 and AFFO per diluted share of $2.72 to $2.87. According to I/B/E/S Estimates, analysts were expecting the Company EPS of $1.62 and FFO of $2.40 for fiscal 2013. 

Company Quote

33.38
-0.06 -0.18%
11 Jul 2014