Corrections Corporation Of America’s (CXW) Fourth-Quarter Preview

Recent Articles by Ed Liston

Analyst Color

Company News

Markets

Analyst Ratings

Analysts at RBC Capital Markets have released an update on Corrections Corporation of America (NYSE: CXW). The company will report results for the fourth-quarter tomorrow.

Analysts expect the company to report results in line with expectations. However, analysts do not expect any positive impact on the company’s share from the fourth-quarter results.

According to analysts, several contract losses, and uncertainties in state budget will prompt management to have a relook on its outlook. Analysts have maintained an Outperform rating for Corrections Corporation of America, with a price target of $26.


There are 0 comments
Please note that comments may take up to one hour before they get published on the site. Please check back later to see your comments.

Post new comment

The content of this field is kept private and will not be shown publicly.