CoreCivic Inc Bottom Line Climbs In Q3, Beats estimates

CoreCivic Inc (CXW) revealed a profit for its third quarter that climbed from last year.

The company's earnings totaled $30.01 million, or $0.25 per share. This compares with $26.72 million, or $0.22 per share, in last year's third quarter.

Analysts had expected the company to earn $0.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.6% to $471.19 million from $468.27 million last year.

CoreCivic Inc earnings at a glance:

-Earnings (Q3): $30.01 Mln. vs. $26.72 Mln. last year.
-EPS (Q3): $0.25 vs. $0.22 last year.
-Analysts Estimate: $0.18
-Revenue (Q3): $471.19 Mln vs. $468.27 Mln last year.

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