CoreCivic Expects FY24 Normalized FFO Per share Of $1.48 - $1.56, Est $1.32
Author: Benzinga Newsdesk | August 07, 2024 04:29pm
CoreCivic previously withdrew its financial guidance during the second quarter of 2024. Based on current business conditions, it is providing the following financial guidance for the full year 2024:
Guidance
Full Year 2024 |
| • Net income |
$42.0 million to $50.4 million |
| • Adjusted Net Income |
$65.6 million to $73.6 million |
| • Diluted EPS |
$0.37 to $0.45 |
| • Adjusted Diluted EPS |
$0.58 to $0.66 |
| • FFO per diluted share |
$1.28 to $1.36 |
| • Normalized FFO per diluted share |
$1.48 to $1.56 |
| • EBITDA |
$268.0 million to $274.6 million |
| • Adjusted EBITDA |
$302.4 million to $308.4 million |
Posted In: CXW
