CoreCivic, Inc. (NYSE:CXW) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, CXW is expected to report 3Q20 income of $ 0.22 per share from revenue of $ 462.00 million.
For the full year, analysts anticipate top line of $ 1878.70 million, while looking forward to income of $ 0.86 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.30 ~ $ 2.40 per share
Click Here For More Historical Outlooks Of CoreCivic, Inc.
Previous Quarter Performance
CoreCivic, Inc. announced income for the second quarter of $ 0.56 per share, from the revenue of $ 472.64 million. According to street consensus, revenue of $ 474.00 million was expected for the second quarter The top line results fell short of analysts by $ 1.36 million or 0.29 percent.
Stock Performance
Shares of CoreCivic, Inc. traded up $ 0.32 or 4.45 percent on Tuesday, reaching $ 7.51 with volume of 3.06 million shares. CoreCivic, Inc. has traded high as $ 7.64 and has cracked $ 7.17 on the downward trend
According to the previous trading day, closing price of $ 7.51, representing a 24.83 % increase from the 52 week low of $ 5.76 and a 59.83 % decrease over the 52 week high of $ 17.90.
The company has a market capital of $ 898.43 million and is part of the Real Estate sector and REIT – Diversified industry.
The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a growing network of residential reentry centers to help address Americas recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust (REIT) and the nations largest owner of partnership correctional, detention and residential reentry facilities.
