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WPC — W. P. Carey News Story

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WP Carey Inc reports results for the quarter ended June 30 - Earnings Summary

WP Carey Inc WPC.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 65 cents.  The mean expectation of three analysts for the quarter was for earnings of 89 cents per share. Wall Street expected results to range from 63 cents to $1.40 per share.

Revenue rose 10.5% to $430.78 million from a year ago; analysts expected $409.69 million.

WP Carey Inc's reported EPS for the quarter was 23 cents​.

The company reported quarterly net income of $51.22 million.

WP Carey Inc shares had risen by 2.6% this quarter and gained 17.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 last closing price of $64.03

This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.230.57Missed
Mar. 31 20251.200.99Missed
Dec. 31 20241.190.85Missed
Sep. 30 20241.170.83Missed

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