CoreCivic Q3 2023 FFO $0.35 Beats $0.34 Estimate, Sales $483.70M Beat $475.24M Estimate
Portfolio Pulse from saritha@benzinga.com
CoreCivic (NYSE:CXW) reported Q3 2023 earnings of $0.35 per share, beating the analyst consensus estimate of $0.34 by 2.94%. This is a 20.69% increase from the same period last year. The company also reported quarterly sales of $483.70 million, beating the analyst consensus estimate of $475.24 million by 1.78%. This is a 4.20% increase from the same period last year.
November 06, 2023 | 9:36 pm
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CoreCivic's Q3 2023 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
CoreCivic's earnings and sales for Q3 2023 exceeded analyst estimates, which is typically a positive signal for the company's financial performance and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100