CoreCivic Q3 net income $1.34 billion on facility sale gain; adjusted EPS $0.49
CoreCivic reported third-quarter 2026 total revenue of $744.1 million, up 28.2% from a year earlier, and net income of $1.344 billion, which includes a $1.8 billion aggregate gain on the sale of four detention facilities to the U.S. Department of Homeland Security. Adjusted diluted EPS was $0.49 versus $0.24, and the company raised its full-year adjusted diluted EPS guidance but lowered its net income and diluted EPS guidance. The board also added $500.0 million to the share repurchase authorization, which now totals $1.7 billion.
Key points
- Q3 2026 total revenue $744.1 million, up 28.2% from the prior-year quarter
- Q3 diluted EPS $14.49 versus $0.24; adjusted diluted EPS $0.49 versus $0.24
- 2026 guidance: adjusted diluted EPS raised to $1.74 to $1.80 from $1.64 to $1.73; diluted EPS lowered to $15.42 to $15.48 from $15.62 to $15.82
- On November 3, 2026, board authorized an additional $500.0 million in buybacks; about $755.8 million remains available
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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