Earnings Forecast Research on CoreCivic, Inc. (CXW)

Corrections Corp. of America has received $0.62 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.62 while the top line estimate is $0.62 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 6.9%.

Nashville based Corrections Corp. of America Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 08, 2017.

Corrections Corp. of America has a Price to Earnings ratio of 11.44 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.36. For the Most Recent Fiscal Year, Corrections Corp. of America has a price to cash ratio of 8.93. For the Trailing twelve month period, company showed a Net Profit Margin of 11.34% and Return on Equity of the stock is 14.55%.

In the last quarter, Corrections Corp. of America reported Annual Earnings of $0.67. Based on the filings, last years Annual Earnings was, $2.62. In the last Quarter, CXW reported a surprise Earnings per Share of 0% . The consensus estimate for current quarter is $0.62 and for the current fiscal year, the estimate is $2.6. For the Next fiscal year, the estimate is $2.18 based on the consensus.

CoreCivic, Inc. (NYSE:CXW) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.07% at $29.04 with 1,327,639 shares getting traded. Post opening the session at $29.19, the shares hit an intraday low of $28.87 and an intraday high of $29.29 and the price was in this range throughout the day. The company has a market cap of $3,414 million and the number of outstanding shares has been calculated to be 117,552,159 shares. The 52-week high of CoreCivic, Inc. (NYSE:CXW) is $35.05 and the 52-week low is $12.99.

CoreCivic, Inc. is a real estate investment trust which provides correctional, detention and residential reentry facilities. It designs, constructs, owns, manages and renovates jails, prisons, government agencies and inmate transportation companies. CoreCivic, Inc., formerly known as Corrections Corporation of America, is based in Nashville, Tennessee.


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