However, we did give merit increases this past quarter. And this is our first merit increases to our employees since 2008 and this cost obviously impacted on margin rate for the quarter. So, overall is very pleased with our performance in the third quarter. I would especially like to thank all those, my fellow CCA colleagues with their distinguished performance they have enabled us to achieve for our company this year.Now, I would like to hand the call over to Todd to discuss the detailed financials. After which, I will discuss how we see the market and our opportunities going forward. Todd?
Corrections Corporation Of America's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.