Abstract

W.P. Carey will release its quarterly results on February 10, 2026, Post Market, with investors focused on revenue trends, margins, and adjusted EPS as the net-lease REIT navigates portfolio repositioning and capital costs.

Market Forecast

For the current quarter, W.P. Carey’s management and market forecasts point to total revenue of USD 423.25 million, with an estimated year-over-year increase of 6.74%. Forecasted EBIT is USD 223.87 million, with an estimated year-over-year growth of 11.60%, while adjusted EPS is projected at USD 1.44, with an estimated year-over-year growth of 1.54%. Forecast highlights from the main business suggest stable rental income from real estate supported by long leases and CPI-linked escalators, while investment management contributes a minor share. The most promising segment is real estate, expected to generate USD 423.25 million and grow by 6.74% year-over-year.

Last Quarter Review

In the previous quarter, W.P. Carey reported total revenue of USD 431.30 million, a gross profit margin of 93.08%, net profit attributable to the parent company of USD 141.00 million, a net profit margin of 32.87%, and adjusted EPS of USD 0.64, with year-over-year growth of 25.49%. A notable highlight was substantial quarter-on-quarter growth in net income of 175.28%, reflecting portfolio stability and cost control. The main business, real estate, accounted for USD 429.02 million of revenue, while investment management contributed USD 2.29 million, underscoring the rental-driven profile.

Current Quarter Outlook

Main Real Estate Portfolio

W.P. Carey’s core real estate portfolio remains the central earnings driver this quarter, with leases that typically include fixed or inflation-indexed rent escalations supporting organic revenue growth. The forecasted revenue of USD 423.25 million aligns with expectations for a steady rental collection environment, implying minimal vacancy pressures and resilient tenant performance. With gross margins structurally high in net-lease REITs, incremental changes in property operating costs have limited impact, so the focus will be on embedded rent growth, asset sales timing, and new acquisitions that could lift EBIT and EPS.

Most Promising Business Driver

The real estate segment is positioned as the most promising business, underpinned by CPI-linked rent escalators and long-term contracts that stabilize cash flows. The estimated 6.74% year-over-year revenue growth to USD 423.25 million suggests healthy pricing power across leases and contributions from rent resets. A key watch point is how dispositions and redeployments are paced; successful recycling into higher-yield assets would support the EBIT growth forecast of 11.60%, while delays could modestly temper EPS given financing costs.

Key Stock Price Factors This Quarter

Three factors will likely influence W.P. Carey’s stock this quarter. The first is margin translation: with forecasted EBIT growth outpacing revenue growth, investors will test whether operating efficiency gains and a stable expense base can sustain EPS at USD 1.44. The second is capital structure: interest expense sensitivity remains a theme for net-lease REITs, and any refinancing activity or debt issuance terms can sway net margins despite high gross margins. The third is external growth execution: transactions that expand or reposition the portfolio have potential to enhance per-share earnings, but timing and pricing will determine whether the uplift is immediate or staged.

Analyst Opinions

Across recent institutional commentary, the dominant stance is cautiously bullish, emphasizing the resilience of W.P. Carey’s rental streams and the visibility of CPI-linked escalators while acknowledging capital cost headwinds. Analysts highlight that consensus estimates aim for adjusted EPS of USD 1.44 and revenue of USD 423.25 million, viewing these as attainable given last quarter’s better-than-expected revenue and stable operating performance. Several research desks note that EBIT growth of 11.60% year-over-year provides a constructive signal on operating leverage, with the majority expecting W.P. Carey to meet or slightly exceed revenue forecasts due to embedded lease escalations and disciplined portfolio management.