W.P. Carey & Co. (WPC) Reports Q2 FFO of $1.05

W.P. Carey & Co. (NYSE: WPC) reported Q2 FFO of $1.05, versus $0.68 reported last year. Revenue for the quarter came in at $103.6 million, versus $46.6 million reported last year.

W. P. Carey President and CEO Trevor Bond, noted, "We are very pleased with both our second quarter results and the announcement of our proposed merger with CPA®:16 – Global, another milestone transaction which will significantly increase our real estate assets under ownership and reinforce our status as a leading global net-lease REIT. As we have for four decades, we will continue to focus on our strategy of disciplined investing in order to generate stable and growing cash flows and dividend income for our investors."

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

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