CoreCivic Sees FY23 Normalized FFO Per Share $1.40-$1.46, Prior $1.37-$1.45
Portfolio Pulse from Benzinga Newsdesk
CoreCivic has updated its FY23 Normalized FFO Per Share forecast to $1.40-$1.46, up from the previous estimate of $1.37-$1.45.
November 06, 2023 | 10:52 pm
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POSITIVE IMPACT
CoreCivic's updated FY23 Normalized FFO Per Share forecast could potentially lead to a positive market reaction.
CoreCivic's updated forecast indicates an improvement in its financial performance. This could potentially lead to a positive market reaction as it suggests the company's profitability might increase, which is generally a positive signal to investors.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100