---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-141373"
form_type: "8-K"
ticker: "CXW"
cik: "0001070985"
company_name: "CoreCivic, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:18:57.355710+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CoreCivic Q1 net income $19M, adjusted EPS $0.14; full-year guidance lowered

## Summary
- Net income $19.0M ($0.16 diluted EPS) vs net loss of $125.6M in Q1 2021; adjusted diluted EPS $0.14 vs $0.24.
- Adjusted EBITDA $80.8M vs $96.3M; decline driven by property sales, La Palma transition, and contract non-renewals.
- Full-year 2022 guidance reduced: diluted EPS now $0.64-$0.79 (prior $0.72-$0.86); Adjusted EBITDA now $334-$349M (prior $355-$370M).
- La Palma facility expected to generate $75-85M annual revenue once fully transitioned from ICE to Arizona contract by Q4 2022.
- Net debt reduced ~$450M over past year; TTM debt leverage at 2.7x.

## SEC filing metadata
- accession: 0001193125-22-141373
- form_type: 8-K
- ticker: CXW
- cik: 0001070985
- company_name: CoreCivic, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070985/000119312522141373/0001193125-22-141373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070985/000119312522141373/d327981d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-141373
- JSON: https://secwatch.observer/filing/0001193125-22-141373.json
- Plain text: https://secwatch.observer/filing/0001193125-22-141373.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.