Private prison operator CoreCivic will report its second-quarter earnings this Wednesday after market close. Analysts expect revenue to grow 14.8% year on year, an acceleration from the 9.8% increase recorded in the same quarter last year. The company beat revenue and EPS estimates last quarter, reporting $614.7 million in revenue, up 25.8% year on year. CoreCivic's stock price was unchanged over the last month, heading into earnings with an average analyst price target of $36.40 compared to the current share price of $30.41. Peers in the business services and supplies segment, such as MSA Safety and HNI, have already reported results, with MSA Safety delivering 6.2% revenue growth and HNI reporting a 121% increase.
CoreCivic IncEarnings report upcoming; revenue expected to rise 14.8%, but no actual results yet.
HNI Corp
MSA Safety