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Corrections Corporation of America Message Board

  • sam_0534 sam_0534 Feb 3, 1999 11:24 AM Flag

    What is this loss about????

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    21 5/8
    -3/8
    delayed 20 mins -
    disclaimerWednesday February 3, 10:07 am Eastern Time

    Prison
    Realty Corp. Posts 4Q Loss of $0.06 vs. EPS of
    $0.36

    PRISON REALTY CORP. (FORMERLY CCA PRISON REALTY TRUST)
    Fourth Quarter and Annual Earns.: Dec. '98--Thou.
    $


    3 Mos. to Dec.
    31:�1998�1997�Revenues�21,275�11,732�Net income�760�8,000�Sh. earns. (basic)�d
    $0.06�$0.37�* Sh. earns.�d $0.06�$0.36��Years
    Ended:���Revenues�70,663�20,580�Net income�29,490�14,327�Sh. earns.
    (basic)�$0.99�$0.66�* Sh. earns.�$0.98�$0.65�Note:: Results for the
    1997 year are for the period from July 18, 1997 (Date
    of inception) to Dec. 31, 1997.�d Deficit.* As
    reported on a diluted basis, aft. pfd. divds.

    Feb.
    3, 1999, Prison Realty Corp. (formerly CCA Prison
    Realty Trust) announced a Dec. 1998 4Q loss per share,
    $0.06 vs EPS of $0.36 and annual EPS, $0.98 vs
    $0.65.

    Results for the 1997 year are for the period from July
    18, 1997 (Date of inception) to December 31, 1997.

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