W. P. Carey Posts $0.61 Q3 EPS as Shares Sit Near 52-Week Low
WPC is trading near its 52-week low of $62.24 (2.0% above the low).
Summary
W. P. Carey reported third-quarter earnings of $0.61 per share and third-quarter revenue of $468.3M, which beat estimates, and it raised its annual AFFO forecast on strong investment activity. The company expects roughly 6% 2026 AFFO growth. Context matters here: the stock is trading near its 52-week low of $62.24, and the company had already raised guidance and flagged an improved 2026 rent-loss outlook in its September 10 business update, with over $1.9 billion of investment volume visibility. That sets a higher bar for this print, and the raised annual AFFO forecast and expected 2026 AFFO growth now answer whether the $0.61 holds up as good enough.
At the time of this announcement, WPC was trading at $63.51 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $14.5B. The 52-week trading range was $62.24 to $77.22. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.