Corrections Corporation of America (CXW) reported fourth-quarter net income of $30.01 million or $0.25 per share, compared to $47.47 million or $0.41 per share, prior year. Adjusted earnings per share was $0.49, for the quarter.
Normalized FFO was $79.4 million, or $0.67 per share compared to $72.8 million, or $0.62 per share, during the fourth quarter of 2013. AFFO was $76.8 million, or $0.65 per share, during the fourth quarter of 2014.
On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.47 for the quarter. Analysts' estimates typically exclude special items.
Revenue decreased to $423.48 million from $431.10 million last year. Analysts expected revenue of $412.06 million for the quarter.
The company currently expects EPS for the first quarter to be in the range of $0.44 to $0.45, while FFO and AFFO per share to be in the range of $0.62 to $0.63 and $0.61 to $0.62, respectively. Analysts expect the company to report first-quarter earnings per share of $0.45.
For the full year 2015, the company expects EPS to be in the range of $1.94 to $2.02, while FFO and AFFO per share to be in the range of $2.67 to $2.75 and $2.62 to $2.69, respectively. Analysts expect the company to report fiscal 2015 earnings per share of $1.96.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.