earnings
confidence high
sentiment positive
materiality 0.85
CoreCivic Q2 EPS $0.35 vs $0.17 YoY; raises FY2025 guidance; acquires Farmville for $67M
CoreCivic, Inc.
2025-Q2 EPS reported
$0.58
revenue$1,026,792,000
- Revenue $538.2M (+9.8% YoY); net income $38.5M (+103.4%); adjusted diluted EPS $0.36 (+80%).
- Raises FY2025 guidance: diluted EPS to $1.08–$1.15 (prior $0.83–$0.92); adjusted EBITDA to $365M–$371M.
- Acquired Farmville Detention Center for $67M (closed July 1); expects ~$40M annual incremental revenue.
- Repurchased 2.0M shares for $43.2M in Q2; board increased total authorization to $500M.
- ICE revenue up 17.2% to $176.9M; activating Dilley and California City facilities; Midwest facility delayed by lawsuit.