secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2026-08-05T20:04:36+00:00
Accession:  0001193125-26-335025
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic Q2 adj. EPS $0.38 beats; sells 4 facilities for $2.2B; expands buyback by $500M
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- Q2 revenue $684.9M (+27.3% YoY); adj. diluted EPS $0.38 (+5.6% YoY); occupancy 78.4% vs 76.8%.
- Sold four detention facilities to U.S. government for $2.2B gross; gain on sale ~$1.8B; net proceeds ~$1.6B.
- Board authorized additional $500M share repurchase, increasing total authorization to $1.2B; $755.8M remaining.
- Used $1.1B of proceeds to repay revolver, term loan, and redeem $238.5M of 4.75% senior notes due 2027.
- Updated 2026 guidance: adj. diluted EPS $1.62-$1.70 (up from $1.53-$1.63); includes Prairie Facility activation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000119312526335025/0001193125-26-335025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000119312526335025/d173726d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-335025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer