W. P. Carey Q2 AFFO, Revenue Rise; Company Lifts 2026 Guidance

MT Newswires Live
07/29

W. P. Carey (WPC) reported Q2 adjusted funds from operations late Tuesday of $1.34 per diluted share, up from $1.28 a year earlier.

Analysts polled by FactSet expected $1.30.

Revenue for the three months ended June 30 was $461.1 million, up from $430.8 million a year earlier.

Analysts expected $452.8 million.

The company raised its 2026 AFFO to between $5.19 to $5.27 per diluted share from $5.16 to $5.26 previously. Analysts expect $5.23.

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