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CoreCivic Inc (CXW.N)

CXW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Corecivic enters into new management contract with the Commonwealth of Kentucky
Thursday, 16 Nov 2017 04:15pm EST 

Nov 16 (Reuters) - Corecivic Inc :Corecivic enters into new management contract with the Commonwealth of Kentucky at the Lee Adjustment Center.‍Entered contract with Commonwealth of Kentucky department of corrections to house medium, close-security offenders at co's lee adjustment center​.‍Expect to incur operating losses at Lee Adjustment Center of $0.03 to $0.04 per share for staffing and other start-up related expenses.‍Most of the operating losses of $0.03 to $0.04 per share at Lee Adjustment Center will be incurred during Q1 of 2018.‍Upon reaching normalized occupancy new contract is expected to generate approximately $15.0 million to $17.0 million of annual revenue​.  Full Article

Corecivic reports Q3 FFO of $0.55 per share
Wednesday, 8 Nov 2017 04:15pm EST 

Nov 8 (Reuters) - Corecivic Inc :Corecivic reports third quarter 2017 financial results.Q3 adjusted FFO per share $0.56.Q3 FFO per share $0.55.Q3 revenue $442.8 million versus i/b/e/s view $437.2 million.Sees Q4 ‍ffo per diluted share $0.55 to $0.57​.Sees ‍Q4 adjusted diluted EPS $0.35 to $0.37​.  Full Article

CoreCivic prices offering of senior unsecured notes
Wednesday, 11 Oct 2017 05:46pm EDT 

Oct 11 (Reuters) - CoreCivic Inc :CoreCivic prices offering of Senior unsecured notes.CoreCivic Inc - ‍ pricing of its offering of $250 million aggregate principal amount of senior unsecured notes due 2027​.  Full Article

CoreCivic announces offering of senior unsecured notes
Wednesday, 11 Oct 2017 08:33am EDT 

Oct 11 (Reuters) - Corecivic Inc :CoreCivic announces offering of senior unsecured notes.CoreCivic Inc - ‍intends to offer $250 million aggregate principal amount of senior unsecured notes due 2027​.CoreCivic Inc - ‍intends to use net proceeds from offering to repay portion of outstanding borrowings & to pay related fees and expenses.  Full Article

CoreCivic Q2 FFO per share $0.59
Monday, 7 Aug 2017 04:15pm EDT 

Aug 7 (Reuters) - Corecivic Inc :CoreCivic reports second quarter 2017 financial results.Q2 adjusted FFO per share $0.59.Q2 FFO per share $0.59.Q2 revenue $436.4 million versus I/B/E/S view $438.7 million.Sees Q3 diluted EPS $0.32 to $0.33.Sees Q3 FFO per diluted share $0.51 to $0.53.Sees Q3 normalized FFO per diluted share $0.52 to $0.54.CoreCivic Inc sees full year 2017 FFO per diluted share $2.28 to $2.33.CoreCivic Inc sees full year 2017 normalized ffo per diluted share $2.31 to $2.35.FY 2017 FFO per share view $2.29 -- Thomson Reuters I/B/E/S.Q2 FFO per share view $0.55 -- Thomson Reuters I/B/E/S.Corecivic inc - during 2017, expect to invest approximately $67.0 million to $75.0 million in capital expenditures.  Full Article

CoreCivic reports Q1 FFO per share of $0.62
Wednesday, 3 May 2017 04:15pm EDT 

May 3 (Reuters) - CoreCivic Inc :CoreCivic reports first quarter 2017 financial results.Q1 adjusted FFO per share $0.63.Q1 revenue $445.7 million versus i/b/e/s view $446.1 million.Q1 FFO per share $0.62.sees q2 diluted eps $0.34 to $0.36.sees q2 adjusted diluted eps $0.35 to $0.36.sees q2 ffo per diluted share $0.53 to $0.55.sees fy adjusted diluted eps $1.50 to $1.56.sees fy ffo per diluted share $2.25 to $2.32.during 2017, expect to invest approximately $66.0 million to $74.0 million in capital expenditures.Q2 FFO per share view $0.57 -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.  Full Article

CoreCivic Q4 adjusted FFO per share $0.72
Wednesday, 8 Feb 2017 04:15pm EST 

CoreCivic Inc : CoreCivic reports fourth quarter and full year 2016 financial results . Q4 adjusted FFO per share $0.72 . Q4 revenue $464.1 million versus i/b/e/s view $459 million . Q4 FFO per share view $0.62 -- Thomson Reuters I/B/E/S . Sees Q1 FFO per diluted share $0.57 to $0.58 . Sees FFO per diluted share of $2.22 to $2.30 for full year 2017 . CoreCivic Inc - during 2017, we expect to invest approximately $66.0 million to $75.0 million in capital expenditures . Sees diluted EPS of $0.37 to $0.39 for Q1 2017 . Sees diluted EPS of $1.46 to $1.54 for full year 2017 . Fy2017 FFO per share view $2.19 -- Thomson Reuters I/B/E/S . Q1 FFO per share view $0.53 -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $1.42 -- Thomson Reuters I/B/E/S .Q1 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.  Full Article

Cca awarded new management contract at Cibola County Corrections Center
Monday, 31 Oct 2016 08:00am EDT 

Corrections Corp Of America : CCA awarded new management contract at Cibola County Corrections Center . Corrections Corp Of America - new contract At Cibola County Corrections center commenced on October 27, 2016 .Corrections Corp Of America - contract contains an initial term of 5 years, with renewal options upon mutual agreement..  Full Article

Corrections Corp says expects to report $4 mln restructuring charge in Q3
Tuesday, 27 Sep 2016 04:15pm EDT 

Corrections Corp Of America : Cca announces corporate restructuring and cost reduction plan . Says cca expects to report a charge in q3 of 2016 of approximately $4.0 million associated with the restructuring . Staffing reductions and implementation of cost reduction plan to result in expense savings of about $9.0 million in 2017 .Expects that 50 to 55 full time positions will be eliminated as a result of restructuring.  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

BRIEF-Corecivic Appoints Harley G. Lappin To Its Board Of Directors

* CORECIVIC APPOINTS HARLEY G. LAPPIN TO ITS BOARD OF DIRECTORS Source text for Eikon: Further company coverage: