Corrections Corp Of America (CXW) Set to Announce Earnings on Wednesday
Corrections Corp Of America (NYSE:CXW) is set to release its Q214 earnings data on Wednesday, August 6th. Analysts expect Corrections Corp Of America to post earnings of $0.46 per share and revenue of $407.99 million for the quarter. Corrections Corp Of America has set its Q2 guidance at $0.45-0.47 EPS and its FY14 guidance at $1.84-1.92 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Corrections Corp Of America (NYSE:CXW) last released its earnings data on Wednesday, May 7th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.01. The company had revenue of $404.22 million for the quarter, compared to the consensus estimate of $412.89 million. During the same quarter in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was down 3.0% on a year-over-year basis. On average, analysts expect Corrections Corp Of America to post $1.88 EPS for the current fiscal year and $1.95 EPS for the next fiscal year.
Shares of Corrections Corp Of America (NYSE:CXW) traded up 0.49% on Tuesday, hitting $32.64. 279,653 shares of the company’s stock traded hands. Corrections Corp Of America has a 52-week low of $30.37 and a 52-week high of $38.13. The stock’s 50-day moving average is $33.12 and its 200-day moving average is $32.81. The company has a market cap of $3.798 billion and a P/E ratio of 21.92.
Corrections Corporation of America (NYSE:CXW) is a real estate investment trust.
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