CoreCivic, Inc. (CXW) Wednesday reported second-quarter net income of $19.0 million or $0.17 per share, compared with net income of $14.8 million or $0.13 per share last year
Adjusted net income for the second quarter improved to $21.8 million or $0.20 per share, compared with $13.6 million or $0.12 per share last year.
Funds From Operations for the second quarter of 2024 was $43.8 million.
Normalized FFO, which excludes special items, increased to $46.6 million, or $0.42 per share, in the second quarter of 2024, compared with $37.8 million, or $0.33 per share, in the second quarter of 2023.
Looking forward to the full year 2024, expects earnings per share of $0.37 to $0.45, adjusted earnings per share of $0.58 to $0.66, FFO per share of $1.28 to $1.36 and Normalized FFO per share of $1.48 to $1.56.
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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.