---
schema_version: "secwatch.filing_event.v1"
accession: "0001025378-24-000116"
form_type: "8-K"
ticker: "WPC"
cik: "0001025378"
company_name: "W. P. Carey Inc."
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T14:48:27.262024+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# W.P. Carey Q2 AFFO $1.17 (-14% YoY); lowers 2024 guidance to $4.63-$4.73

## Summary
- Net income $142.9M, EPS $0.65; revenue $389.7M, down 13.9% YoY.
- AFFO per diluted share $1.17, down 14% YoY; FY2024 AFFO guidance lowered to $4.63-$4.73.
- Investment volume YTD $641M; guidance for 2024 lowered $250M to $1.25-1.75B.
- Completed office exit strategy; only one office asset left under contract for sale.
- Issued €650M 4.25% notes due 2032 and $400M 5.375% notes due 2034; repaid $500M and €500M maturities.

## SEC filing metadata
- accession: 0001025378-24-000116
- form_type: 8-K
- ticker: WPC
- cik: 0001025378
- company_name: W. P. Carey Inc.
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025378/000102537824000116/0001025378-24-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025378/000102537824000116/wpc-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025378-24-000116
- JSON: https://secwatch.observer/filing/0001025378-24-000116.json
- Plain text: https://secwatch.observer/filing/0001025378-24-000116.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.