Brief: WP Carey Q2 EPS USD 0.23

W. P. Carey

29/07/2025 21:05

Overview

WP Carey Q2 2025 revenue rises 10.5% yr/yr, beating analysts' expectations

AFFO per share for Q2 2025 up 9.4% yr/yr, driven by investments

Co raises 2025 AFFO guidance, reflecting confidence in investment strategy

Outlook

WP Carey raises 2025 AFFO guidance to $4.87-$4.95 per share

Company expects full-year investment volume of $1.4 bln-$1.8 bln

WP Carey revises disposition volume to $900 mln-$1.3 bln

Company estimates lower rent loss from tenant credit events

Result Drivers

INVESTMENT ACTIVITY - Lease revenues increased due to net investment activity and rent escalations

DISPOSITION STRATEGY - Net income affected by mark-to-market loss and foreign debt remeasurement, partially offset by gains from real estate sales

AFFO GROWTH - AFFO per share rose 9.4% yr/yr, driven by accretive net investment activity and leasing actions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$430.80 mln
$409.70 mln (8 Analysts)
Q2 EPS
$0.23
Q2 Net Income
$51.20 mln
Q2 AFFO
$282.70 mln
Q2 AFFO Per Share
$1.28


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the diversified reits peer group is "buy."

Wall Street's median 12-month price target for WP Carey Inc is $63.50, about 0.8% below its July 28 closing price of $64.03

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nPn2DtG5ya

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)