W. P. Carey (WPC) Misses Q4 EPS by 8c

W. P. Carey (NYSE: WPC) reported Q4 EPS of $0.30, $0.08 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $248.3 million versus the consensus estimate of $168.35 million.

AFFO for the 2014 fourth quarter was $125.6 million, or $1.19 per diluted share, up 9.8% and 5.3%, respectively, from AFFO of $114.4 million, or $1.13 per diluted share, for the 2014 third quarter, due primarily to higher structuring revenue resulting from increased investment activity on behalf of the Managed REITs.

W. P. Carey sees FY2015 AFFO of $4.76-$5.02.

For earnings history and earnings-related data on W. P. Carey (WPC) click here.

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