2024-05-08 16:41:53 ET
- Corecivic press release ( NYSE: CXW ): Q1 FFO of $0.46 beats by $0.12 .
- Revenue of $500.7M (+9.3% Y/Y) beats by $22.77M .
- Adjusted EBITDA of $89.5 million.
- Adjusted Diluted EPS of $0.25.
-
2024 Financial Guidance ...
Based on current business conditions, we are providing the following updated financial guidance for the full year 2024:
New GuidanceFull Year 2024 Prior GuidanceFull Year 2024 – Net income $52.7 million to $63.7 million $65.0 million to $80.0 million¹ – Adjusted net income $74.0 million to $85.0 million $65.0 million to $80.0 million – Diluted EPS $0.47 to $0.57 $0.58 to $0.72¹ – Adjusted Diluted EPS $0.66 to $0.76 $0.58 to $0.72 – FFO per diluted share $1.36 to $1.46 $1.46 to $1.61¹ – Normalized FFO per diluted share $1.56 to $1.66 vs. consensus of $1.55 $1.46 to $1.61 – EBITDA $281.1 million to $290.1 million $300.3 million to $313.3 million¹ – Adjusted EBITDA $312.0 million to $321.0 million $300.3 million to $313.3 million More on Corecivic
Read the full article on Seeking Alpha
For further details see:
Corecivic beats top-line and bottom-line estimates; updates FY24 outlook