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4-Traders Homepage  >  Equities  >  Nyse  >  Corecivic Inc    CXW

CORECIVIC INC (CXW)
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On August7, 2017, CoreCivic, Inc., a Maryland corporation (the “Company”), issued a press release announcing its 2017 second quarter financial results. A copy of the release is furnished as part of this Current Report as Exhibit 99.1 and is incorporated herein in its entirety by reference. The release contains certain financial information calculated and presented on the basis of methodologies other than in accordance with generally accepted accounting principles, or GAAP, which the Company believes is useful to investors and other interested parties. The Company has included information concerning this non-GAAP information in the release, including a reconciliation of such information to the most comparable GAAP measures, the reasons why the Company believes such information is useful, and the Company’s use of such information for additional purposes.

The information furnished to this Item 2.02 of Form 8-K shall not be deemed to be “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended, and Section11 of the Securities Act of 1933, as amended, or otherwise subject to the liabilities of those sections. This Current Report will not be deemed an admission by the Company as to the materiality of any information in this report that is required to be disclosed solely by Item 2.02. The Company does not undertake a duty to update the information in this Current Report and cautions that the information included in this Current Report is current only as of the date made and may change thereafter.

CoreCivic, Inc. (NYSE:CXW) Files An 8-K Results of Operations and Financial Condition

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08/08/2017 | 11:06pm CEST

CoreCivic, Inc. (NYSE:CXW) Files An 8-K Results of Operations and Financial ConditionItem 2.02.

Results of Operations and Financial Condition.
Item 2.02. Financial Statements and Exhibits.
(d) The following exhibits are filed as part of this Current Report:

Exhibit 99.1 – Press Release dated August7, 2017

CoreCivic, Inc. ExhibitEX-99.1 2 d432519dex991.htm EX-99.1 EX-99.1 Exhibit 99.1   News Release    Contact:    Investors: Cameron Hopewell – Managing Director,…To view the full exhibit click here
About CoreCivic, Inc. (NYSE:CXW)
CoreCivic, Inc., formerly Corrections Corporation of America, is a real estate investment trust (REIT). The Company is a diversified government solutions company. The Company acts to site, design, build, finance, own, maintain and lease assets to government partners. The Company provides services related to the ownership and upkeep of the asset, including maintenance services, utility management and insurance, and property tax management. The Company is engaged in owning, operating and managing prisons and other correctional facilities, and providing residential, community re-entry and prisoner transportation services for governmental agencies. Under the CoreCivic brand, the Company focuses on providing three business offerings: CoreCivic Safety, which is a corrections and detention management offering; CoreCivic Properties, which offers government real estate solutions, and CoreCivic Community, a network of residential reentry centers.

The post CoreCivic, Inc. (NYSE:CXW) Files An 8-K Results of Operations and Financial Condition appeared first on Market Exclusive.

© Market Exclusive 2017, source Market Exclusive

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Financials ($)
Sales 2018 1 744 M
EBIT 2018 258 M
Net income 2018 -
Debt 2018 -
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
Capi. / Sales 2018 1,65x
Capi. / Sales 2019 1,66x
Capitalization 2 876 M
Chart CORECIVIC INC
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Corecivic Inc Technical Analysis Chart | CXW | US21871N1019 | 4-Traders
Technical analysis trends CORECIVIC INC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 29,0 $
Spread / Average Target 19%
Managers
NameTitle
Damon T. Hininger President, Chief Executive Officer & Director
Mark A. Emkes Independent Chairman
David M. Garfinkle Chief Financial Officer & Executive Vice President
John Pfeiffer Chief Information Officer & VP-Technology
Donna M. Alvarado Independent Director
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