W. P. Carey Inc. Announces Fourth Quarter and Full Year 2020 Financial Results

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Go back to W. P. Carey Inc. Announces Fourth Quarter and Full Year 2020 Financial Results

W. P. Carey (WPC) Tops Q4 EPS by 29c, Revenues Beat

February 12, 2021 7:35 AM EST

W. P. Carey (NYSE: WPC) reported Q4 EPS of $0.76, $0.29 better than the analyst estimate of $0.47. Revenue for the quarter came in at $307.4 million versus the consensus estimate of $300.73 million.

Quarterly cash dividend raised to $1.046 per share, equivalent to an annualized dividend rate of $4.184 per share 2021 AFFO guidance range of $4.79 to $4.93 per diluted share announced, including Real Estate AFFO of between $4.66 and $4.80 per diluted share and assuming full year investment volume totaling between $1.0 billion and $1.5... More