WP Carey Inc expected to post earnings of 53 cents a share - Earnings Preview

W. P. Carey

07/02/2024 14:16

* WP Carey Inc  WPC.N   WPC  is expected to show a rise in
quarterly revenue when it reports  results on February 9 for the
period ending December 31 2023
    * The New York City-based  company is expected to report a
4.8% increase in revenue to $422.12 million from $402.63 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for WP Carey Inc is for
earnings
of 53 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for WP Carey
Inc is
$65.50​, above​ its last closing price of $60.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.31        1.32       1.32      Met     0.3
 Jun. 30 2023  1.29        1.29       1.34      Beat    3.6
 Mar. 31 2023  1.27        1.26       1.29      Beat    2.1​
 Dec. 31 2022  1.26        1.26       1.70      Beat    35.2
 ​​Sep.        1.27        1.27       1.17      Missed  -7.9
 30 2022                                                
 Jun. 30 2022  1.23        1.23       1.13      Missed  -8.2​
 Mar. 31 2022  1.24        1.24       1.50      Beat    21
 Dec. 31 2021  1.20        1.20       1.31      Beat    9.5
 This summary was machine generated February 7 at 14:16 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)