Stock Track | CoreCivic Soars 6.11% Pre-Market on Strong Q1 Earnings Beat and Positive 2025 Outlook

Stock Track
2025/05/08

Shares of CoreCivic, Inc. (NYSE: CXW) surged 6.11% in pre-market trading on Thursday, following the release of the company's impressive first-quarter 2025 financial results. The correctional facilities operator delivered a strong performance that exceeded analyst expectations, demonstrating resilience in a challenging economic environment.

CoreCivic reported quarterly earnings per share (EPS) of $0.23, significantly beating the analyst consensus estimate of $0.12. This represents a substantial improvement from the same quarter last year when the company reported EPS of $0.08. The company's revenue for the quarter came in at $488.63 million, surpassing analyst expectations of $478.49 million, despite a slight 2.4% decrease from the previous year.

Adding to the positive sentiment, CoreCivic provided an optimistic outlook for the full year 2025. The company expects funds from operations (FFO) per diluted share to range between $1.72 and $1.82, while projecting earnings per share (EPS) between $0.83 and $0.92. This forward-looking guidance suggests continued strength in CoreCivic's operations and financial performance, likely contributing to the pre-market stock price rally. The strong quarterly results and positive outlook have reinvigorated investor confidence in CoreCivic's business model and growth prospects.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10