The third quarter financial results of CoreCivic (NYSE: CXW) will be unveiled on Wednesday 6th November 2024. This eagerly awaited announcement is scheduled to occur after market close.
According to the forecasts of financial experts on Wall Street, the establishment is expected to reveal an anticipated $0.09 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $469.83 million.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $1.92 billion. Furthermore, they expect the business to achieve profit of $0.41 per share during the fiscal year.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.35. This considerable sum was attributed to the company's total revenue, which reached an impressive $483.71 million during that specific quarter.
The business has scheduled a conference call on 7th November 2024 at 09:30 AM eastern time to discuss Q3 financial results.
The previous trading day saw CoreCivic (CXW) shares trading between $13.21 and $14.02, besides a volume of 1.30 million shares. The stock closed Friday's regular trading session at $13.31, marking 3.62 percent decrease.