{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-036559","form_type":"8-K","ticker":"WPC","cik":"0001025378","company_name":"W. P. Carey Inc.","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.932221+00:00","generated_at":"2026-06-08T21:50:31.271166+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"W. P. Carey Q3 AFFO $1.32, lowers 2023 guidance to $5.17-5.23, completes NLOP office spin-off","bullets":["Q3 net income $125.0M ($0.58 EPS); AFFO $284.4M ($1.32/share, -2.9% YoY).","Revenue $448.6M, up 16.9% YoY, driven by investments and CPA:18 Merger.","2023 AFFO guidance lowered to $5.17-$5.23; prelim 2024 guidance $4.60-$4.80, reflecting office exit plan.","Completed NLOP spin-off Nov 1; office sale program has ~$500M under contract, targeting early 2024 completion.","Post-quarter: settled forward equity for $384M; received ~$350M from NLOP; Q3 dividend $1.071/share paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-036559","json":"https://secwatch.observer/filing/0001628280-23-036559.json","markdown":"https://secwatch.observer/filing/0001628280-23-036559.md","text":"https://secwatch.observer/filing/0001628280-23-036559.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1025378/000162828023036559/0001628280-23-036559-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1025378/000162828023036559/wpc-20231103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:50:31.271166+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d5231295f90b77ab78ffad79f6d42fdb8695cd1b","claim":"W. P. Carey Inc. reported the third quarter ended September 30, 2023 results: revenue $448.6 million, net income $125.0 million, EPS $0.58. Guidance lowered.","evidence_excerpt":"market conditions to remain challenging.” QUARTERLY FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2023 third quarter totaled $448.6 million, up 16.9% from $383.6 million for the 2022 third quarter. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2023 third quarter were $448.3 million, up","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025378/000162828023036559/0001628280-23-036559-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$448.6 million"},{"label":"Net income","value":"$125.0 million"},{"label":"EPS","value":"$0.58"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}