CoreCivic Inc (NYSE:CXW)
$ 15.54 0.44 (2.91%) Market Cap: 1.73 Bil Enterprise Value: 2.66 Bil PE Ratio: 27.75 PB Ratio: 1.20 GF Score: 66/100

Q2 2020 Corecivic Inc Earnings Call Transcript

Aug 06, 2020 / 03:00PM GMT
Release Date Price: $8.74 (-4.38%)
Operator

Good morning. My name is Casey, and I will be your operator for today's call. As a reminder, this call is being recorded. At this time, I would like to welcome you to CoreCivic's Second Quarter 2020 Earnings Call. (Operator Instructions)

I would now like to turn the call over to Cameron Hopewell, CoreCivic's Managing Director of Investor Relations. Mr. Hopewell, you may begin.

Cameron Hopewell
CoreCivic, Inc. - MD of IR

Thanks, Casey. Good morning, ladies and gentlemen, and thank you for joining us. Participating on today's call are Damon Hininger, President and Chief Executive Officer; and David Garfinkle, Chief Financial Officer. We are also joined here in the room by our Vice President of Finance, Brian Hammonds.

The call today -- on the call today, we'll focus on our financial results for the second quarter, yesterday's announcement of our intentions to change our corporate structure and institute a new capital allocation strategy, and an overview of the evolving impacts of the COVID-19 pandemic.

During today's call, our

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