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...
131 Views
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...
216 Views
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...
134 Views
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...
162 Views
CXW: Revising Estimates Believe CXW Relationship with ICE Remains Strong
The contract termination was driven primarily by costs, according to the WSJ. Unlike most CXW ICE contracts, the center has been operated under a...
134 Views