secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0001193125-24-159981
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic receives ICE termination notice for Dilley, TX facility; suspends 2024 guidance
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- ICE terminated IGSA effective Aug 9, 2024; facility revenue $156.6M in 2023 and $39.3M in Q1 2024.
- CoreCivic suspends 2024 financial guidance due to cost uncertainties associated with closure.
- Estimated annualized EPS reduction of $0.38-$0.41 from the termination.
- Facility population at 1,561 as of June 9, 2024; lease termination notice sent to third-party lessor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000119312524159981/0001193125-24-159981-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000119312524159981/d815544d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-159981

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