---
schema_version: "secwatch.filing_event.v1"
accession: "0001025378-24-000137"
form_type: "8-K"
ticker: "WPC"
cik: "0001025378"
company_name: "W. P. Carey Inc."
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T08:50:44.663403+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# W. P. Carey Q3 AFFO $1.18, down 10.6% YoY; narrows FY guidance to $4.65-$4.71

## Summary
- Net income $111.7M ($0.51 EPS), down 10.6% YoY; AFFO per share $1.18, down from $1.32.
- Revenue $397.4M, down 11.4% YoY driven by office exit and U-Haul disposition.
- Narrowed 2024 AFFO guidance to $4.65-$4.71 per share; investment midpoint $1.5B unchanged.
- True Value (1.4% ABR) filed Chapter 11 on Oct 14; rent current through year-end.
- Converted 16 self-storage properties to net leases; Extra Space largest tenant at 2.7% ABR.

## SEC filing metadata
- accession: 0001025378-24-000137
- form_type: 8-K
- ticker: WPC
- cik: 0001025378
- company_name: W. P. Carey Inc.
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025378/000102537824000137/0001025378-24-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025378/000102537824000137/wpc-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025378-24-000137
- JSON: https://secwatch.observer/filing/0001025378-24-000137.json
- Plain text: https://secwatch.observer/filing/0001025378-24-000137.txt

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