CXW: 4Q24 Beat Reflects Efficiencies, New Agreements ICE Need Expected to Climb
Reflecting the limited supply of and older state of many government-owned correctional facilities, among other factors, we anticipate that the...
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CXW: 3Q24 Beat as New Contracts Offset Impact of Recent Expirations Balance Sheet Measures Continue
With multiple new RFIs and RFPs from ICE for new capacity and ongoing discussions with both existing and potential government partners for new...
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CXW: 3Q24 Preview Expect Cost Optimizations, Balance Sheet Measures Continue
The company has indicated that the prospective pipeline for new contracts is robust. CXW is engaged in discussions with existing and potential...
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CXW: 2Q24 Beat Highlights Operating Leverage, Improving Occupancies
CXW believes its idled 1,033-bed Kansas facility could be well-suited for ICE, DHS needs reflected in a recent RFI. Moreover, management has...
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CXW: Strong History of Contract Retention Preview 2Q24 Results
We remain optimistic about CXW's new business activities, operating improvements and cost containment efforts. Over time, we expect occupancies at...
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