W. P. Carey Q1 AFFO, Revenue Increase; Reaffirms 2025 Outlook

MT Newswires Live
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W. P. Carey (WPC) reported Q1 adjusted funds from operations late Tuesday of $1.17 per diluted share, up from $1.14 a year earlier.

Analysts polled by FactSet expected $1.19.

Revenue for the quarter ended March 31 was $409.8 million, up from $389.8 million a year earlier.

Two analysts surveyed by FactSet expected $418.4 million.

The real estate investment trust reaffirmed its 2025 adjusted FFO guidance in the range of $4.82 and $4.92 per diluted share. Analysts polled by FactSet expect $4.86.

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