earnings
confidence high
sentiment positive
materiality 0.80
W. P. Carey Q3 AFFO per share $1.25 (+5.9% YoY); raises 2025 AFFO guidance
W. P. Carey Inc.
- Net income attributable to WPC of $141.0M (EPS $0.64); AFFO per share $1.25, up from $1.18 in Q3 2024.
- Revenues $431.3M, +8.5% YoY; contractual same-store rent growth 2.4%.
- Raises 2025 AFFO guidance to $4.93-$4.99 per share; investment volume guidance to $1.8B-$2.1B.
- Quarterly dividend increased to $0.910 per share (annualized $3.64), +4.0% vs Q3 2024.
- YTD investments $1.6B; YTD dispositions $1.0B, including 37 self-storage properties for $513.3M.