earnings
confidence high
sentiment positive
materiality 0.75
CoreCivic reports Q4 EPS $0.23, revenue $491M up 4.2% YoY; FY2024 EPS guide $0.58-$0.72
CoreCivic, Inc.
2023-FY EPS reported
$0.59
revenue$1,896,635,000
- Revenue $491.2M in Q4, up 4.2% YoY; Safety segment revenue $448.7M.
- Q4 diluted EPS $0.23 vs $0.21 YoY; adjusted EPS $0.23 vs $0.22.
- Safety segment occupancy improved to 74.7% in Q4 from 72.0% YoY; rev per man-day $100.85.
- FY2024 guidance: diluted EPS $0.58-$0.72, FFO per share $1.46-$1.61.
- TTM debt leverage 2.8x (down from 3.2x); fixed charge coverage 4.7x (up from 4.0x).