W. P. Carey (WPC) Misses Q1 EPS by 4c
W. P. Carey (NYSE: WPC) reported Q1 EPS of $0.57, $0.04 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $409.9 million versus the consensus estimate of $388.95 million.
AFFO GUIDANCE
For the 2025 full year, the Company reaffirms its expectation that it will report AFFO of between $4.82 and $4.92 per diluted share, based on the following key assumptions, which are unchanged:
(i) investment volume of between $1.0 billion and $1.5 billion;
(ii) disposition volume of between $500 million and $1.0 billion;
(iii) total general and administrative expenses of between $100 million and $103 million;
(iv) property expenses, excluding reimbursable tenant costs of between $49 million and $53 million; and
(v) tax expense (on an AFFO basis) of between $39 million and $43 million.
For earnings history and earnings-related data on W. P. Carey (WPC) click here.
