---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-210626"
form_type: "8-K"
ticker: "CXW"
cik: "0001070985"
company_name: "CoreCivic, Inc."
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T04:49:26.011020+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CoreCivic Q2 net income $10.6M ($0.09 EPS); guidance cut on Title 42 delay, La Palma transition

## Summary
- Q2 2022 revenue $456.7M; adjusted diluted EPS $0.13 vs $0.25 YoY; adjusted EBITDA $78.8M down from $101.7M.
- Board increased share repurchase authorization by $75M to $225M; 4.2M shares bought for $50.6M at ~$12.13/share.
- Agreed to sell 1,978-bed McRae facility for $130M (expected Q3 close); also sold two California facilities and a land parcel.
- Full-year 2022 guidance: net income raised to $106.6-118.2M but adjusted net income lowered to $52-60M; cites Title 42 delay and La Palma transition extension.
- New $350M bank credit facility in May; repaid $124.1M Term Loan B; purchased $3.6M of 4.625% senior notes.

## SEC filing metadata
- accession: 0001193125-22-210626
- form_type: 8-K
- ticker: CXW
- cik: 0001070985
- company_name: CoreCivic, Inc.
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070985/000119312522210626/0001193125-22-210626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070985/000119312522210626/d371718d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-210626
- JSON: https://secwatch.observer/filing/0001193125-22-210626.json
- Plain text: https://secwatch.observer/filing/0001193125-22-210626.txt

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