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Corrections Corporation of America Message Board

  • insidergenius12345 insidergenius12345 Feb 8, 2007 7:12 AM Flag

    BLOWOUT QUARTER!!!!!!!!!!!!!!!!

    CXW posts 52 cents vs 44 cent estimates on higher demand for their products. REvenues came in at 350MM vs 343MM estimates. The company also issued guidance at higher the consensus range for Q1 and 07: The company said it expects earnings in the first quarter to be in the range of 43 cents to 37 cents a share (consensus .43), with earnings for 2007 in the range of $1.95 to $2.05 a share (consensus 1.95).

39.41-0.04(-0.10%)4:10 PMEST

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