W. P. Carey (WPC) Reports Q1 FFO of $1.31, Says Formal Strategic Review Reaffirmed Benefits of Diversified Business Model

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Go back to W. P. Carey (WPC) Reports Q1 FFO of $1.31, Says Formal Strategic Review Reaffirmed Benefits of Diversified Business Model

W. P. Carey Inc. Announces First Quarter 2016 Financial Results

May 5, 2016 7:30 AM EDT

NEW YORK, May 5, 2016 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), an internally-managed global net lease real estate investment trust, today reported its financial results for the first quarter ended March 31, 2016.

Total Company Update First Quarter 2016

Net revenues of $244.2 million Net income of $57.4 million, or $0.54 per diluted share Adjusted EBITDA of $193.3 million AFFO of $139.5 million, or $1.31 per diluted share 2016 AFFO... More