W.P. Carey beats second-quarter FFO and revenue estimates

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

W.P. Carey reported quarterly funds from operations of $1.34 per share, topping the Zacks Consensus Estimate of $1.31 per share and marking a 2.29% surprise. Revenue for the quarter ended June 2026 reached $459.67 million, exceeding the consensus estimate by 1.22% and up from $384.47 million a year earlier. The real estate investment trust has now beaten consensus FFO and revenue estimates in each of the last four quarters. Shares have gained about 18.4% year to date, outpacing the S&P 500's 8.3% advance. The current consensus FFO estimate stands at $1.33 per share for the coming quarter and $5.28 per share for the full fiscal year.

Impact on stocks 2

Real Estate · 2 stocks
W P Carey Inc
WPC
▲ PositiveCapitalrelevance

W.P. Carey beat FFO and revenue estimates, marking its fourth consecutive quarter of beating consensus.