CoreCivic secured new contracts with Montana, expanding its revenue base due to increased demand from Immigration and Customs Enforcement (ICE).

2 reports, 1 independent Updated Aug 13

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Developments: 1
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What happened

Some supportReported by 1 outlet

CoreCivic secured new contracts with Montana, expanding its revenue base due to increased demand from Immigration and Customs Enforcement (ICE).

Who's involved

What this event is mainly about

CoreCivic

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Part of

CoreCivic operates correctional facilities for government agencies. All 2 developments

The entities involved

CoreCivic
US prison-operating company
- CoreCivic operated facilities in California City and Otay Mesa, coinciding with increased ICE centers during Donald Trump's term.Mon 15:52
- Trump's oil and gas pledges benefit US stocks, specifically impacting Pfizer.Sun 04:48

Related events

Bank of America backed away from financing CoreCivic and GEO Group, which also received nearly $1 billion in ICE contracts.Sep 3

Coverage

Newest first; wire copies grouped

Aug 13StockStory5 Must-Read Analyst Questions From CoreCivic’s Q2 Earnings Call CoreCivic’s second quarter results received a favorable market reaction, as the company delivered performance above Wall Street expecta
Aug 11StockStoryCXW Q2 Deep Dive: ICE Funding, Facility Activations Drive CoreCivic’s Outperformance Private prison operator CoreCivic (NYSE:CXW) reported Q2 CY2025 results topping the market’s revenue expectations