secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001193125-22-276354
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic Q3 net income $68.3M ($0.58); raises FY2022 adjusted EPS guidance to $0.47-0.50
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- Q3 revenue $464.2M; net income $68.3M ($0.58 diluted EPS) vs $30.0M ($0.25) a year ago.
- Adjusted diluted EPS fell to $0.08 from $0.28; Adjusted EBITDA $68.4M vs $100.9M on La Palma transition and lost contracts.
- Repurchased 6.6M shares for $74.5M YTD; board increased authorization to $225M, $150.5M remaining.
- Sold McRae Correctional Facility for $130M, gain $77.5M; reduced debt $109.1M in Q3.
- Raised full-year 2022 guidance: Adjusted Diluted EPS $0.47-$0.50 (prior $0.44-$0.50); Adjusted EBITDA $301.5M-$304.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000119312522276354/0001193125-22-276354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000119312522276354/d351770d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-276354

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