CoreCivic stock soars, Q4 earnings beat expectations, strong outlook for 2026

LootboxPhobia · 2026-02-11T22:54:24+00:00

CoreCivic Inc. (NYSE: CXW) exceeded analyst expectations in Q4, with an adjusted EPS of $0.27, and revenue grew 26% to $604 million, primarily driven by facility recovery operations. The company expects earnings to continue growing through 2026, issuing an EPS guidance of $1.49 to $1.59.

LootboxPhobia

2026-02-11 22:54:24

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Investing.com – CoreCivic Inc (NYSE:CXW) stock rose 2.7% in after-hours trading on Wednesday after the detention facility operator reported fourth-quarter earnings that exceeded analyst expectations, driven by facility reactivations and higher occupancy rates.

The company posted adjusted earnings of $0.27 per share for the fourth quarter, surpassing the estimated $0.24. Revenue increased 26% year-over-year to $604 million, significantly above the consensus estimate of $569.66 million. The strong performance was mainly driven by the reactivation of previously idle facilities and increased demand from government partners.

CoreCivic’s management revenue from its largest government partner, U.S. Immigration and Customs Enforcement, more than doubled in Q4 2024 to $244.7 million. Compared to the same period last year, revenue from state government clients also grew by 5%.

CoreCivic President and CEO Patrick Swindle said, “We closed 2025 with strong financial results, thanks to the tremendous efforts of our professional staff and the trust of our government partners. We expect 2026 to continue being a period of increased demand from federal, state, and local government partners.”

The company issued an earnings guidance for fiscal 2026 of $1.49 to $1.59 per share, above the analyst consensus of $1.48. This outlook reflects expected growth as several previously idle facilities will continue to receive more populations throughout 2026.

CoreCivic strategically deployed funds, winning new contracts for four of the nine facilities that were idle at the beginning of 2025, while preparing for potential reactivation of the remaining five. The company also expanded its revolving credit facility from $275 million to $575 million in December, enhancing financial flexibility.

During 2025, CoreCivic repurchased 11.2 million common shares for $218.4 million, including 5.3 million shares in the fourth quarter for a total of $97.3 million. As of December 31, 2025, the company had $300.5 million remaining under its share repurchase program.

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