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[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 2 sources · 19 days · First seen · Last updated

CoreCivic financial performance and stock activity

Overview

CoreCivic, Inc. has experienced significant financial activity following quarterly earnings that exceeded consensus estimates. In mid-August, the company reported $0.38 earnings per share on $684.92 million in revenue, surpassing expectations of $0.34 EPS and $618.63 million in revenue. During this period, the company noted a 65.8% increase in short interest and a director, John Prann, Jr., sold 40,000 shares, reducing his ownership by 56.82%.

By early September, the company’s stock reached a 52-week high of approximately $34.72. This growth followed the strong quarterly results and an updated annual guidance projecting full-year 2026 earnings per share between $2.61 and $2.70. Institutional activity included AXQ Capital LP acquiring 30,700 shares during the second quarter.

Entities

CoreCivic, Inc. · MarketBeat · AXQ Capital LP · John Prann, Jr.

Timeline

  1. 6 days ago

    [BUSINESS] 2 sources
    CoreCivic stock hits 52-week high following strong earnings

    CoreCivic, Inc. stock hit a 52-week high after reporting quarterly revenue of $684.92 million, beating estimates and raising its annual earnings guidance.

  2. 25 days ago

    [BUSINESS] 2 sources
    CoreCivic reports increased short interest and director stock sale

    CoreCivic, Inc. saw a 65.8% increase in short interest during July. Director John Prann, Jr. also sold 40,000 shares in August, while recent quarterly earnings beat analyst expectations.

Sources

ad-hoc-news.de · stocknews.com