WP Carey Inc expected to post earnings of 58 cents a share - Earnings Preview

W. P. Carey

27/07/2024 24:53

* WP Carey Inc  WPC.N   WPC  is expected to show a fall in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
15.0% decrease in revenue to $384.141 million from $452.15
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for WP Carey Inc is for
earnings
of 58 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for WP Carey
Inc is
$60.00​, below​ its last closing price of $60.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.16        1.16       1.20      Beat    3.9
 Dec. 31 2024  1.21        1.21       0.97      Missed  -19.8
 Sep. 30 2023  1.31        1.32       1.32      Met     0.3​
 Jan. 1 0001   1.29        1.29       1.34      Beat    3.6
 ​​Mar.        1.27        1.26       1.29      Beat    2.1
 31 2023                                                
 Dec. 31 2022  1.26        1.26       1.70      Beat    35.2​
 Sep. 30 2022  1.27        1.27       1.17      Missed  -7.9
 Jun. 30 2022  1.23        1.23       1.13      Missed  -8.2
 This summary was machine generated July 26 at 23:53 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)