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CXWBullishEarningsnews
High materiality9/10

CoreCivic's New Contracts On Focus, Analyst Sees Revenue Opportunities In 2026

Feb 11, 2025, 2:09 PM EST1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Strong quarterly results and potential new contracts indicate positive momentum for CXW.

AI summary

What happened, with direct paths to the underlying reporting

CoreCivic's revenue exceeds analyst estimates at $479.3 million. Fourth-quarter FFO is 39 cents per share, beating the 34 cents prediction. 2025 net income projected between $53.5 million and $67.5 million. Analyst expects significant new ICE contracts likely this year. Current guidance does not include new contract contributions.

  • CoreCivic's revenue exceeds analyst estimates at $479.3 million.
  • Fourth-quarter FFO is 39 cents per share, beating the 34 cents prediction.
  • 2025 net income projected between $53.5 million and $67.5 million.
  • Analyst expects significant new ICE contracts likely this year.
  • Current guidance does not include new contract contributions.

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