WP Carey beats Q3 revenue estimates, raises FY Adjusted FFO guidance

W. P. Carey

28/10/2025 20:32

Overview

WP Carey Q3 2025 revenue rises 8.5% yr/yr, beating analysts' expectations

AFFO per share for Q3 2025 increases 5.9% yr/yr

Company raises full-year Adjusted FFO guidance, citing higher investment volume

Outlook

W. P. Carey raises 2025 AFFO guidance to $4.93-$4.99 per share

Company expects 2025 investment volume of $1.8 bln-$2.1 bln

Company anticipates 2025 disposition volume of $1.3 bln-$1.5 bln

Result Drivers

LEASE REVENUE INCREASE - Lease revenues rose due to net investment activity and rent escalations

INVESTMENT ACTIVITY - Significant investment volume of $656.4 mln in Q3 contributed to AFFO growth

DISPOSITION STRATEGY - Better-than-expected disposition cap rates and reinvestment spreads supported results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$431.30 mln
$421.71 mln (6 Analysts)
Q3 EPS
$0.64
Q3 Net Income
$141 mln
Q3 AFFO
$276.60 mln
Q3 AFFO Per Share
$1.25


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and 2 "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 $67.00, about 0.2% above its October 27 closing price of $66.85

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPn2VJ2z4a

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(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.)