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WPC · W. P. Carey Inc.

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$71.62 +0.13 (+0.18%) At close · Aug 14
Market Cap
$16.32B
Shares
227.82M
All earnings calls

Earnings call · FY2024 Q2

W. P. Carey Inc. Q2 FY2024 Earnings Call

W. P. Carey Inc. Q2 FY2024 Earnings Call

Concluded Jul 31, 2024
Jul 31, 2024 0 turns
Period
FY2024 Q2
Runtime
Sources
2 artifacts

Executive readout · one minute

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Forward guidance

4 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Revenue $389.67M -13.9% YoY
Net income $142.90M -1.2% YoY

Research materials

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Forward guidance

From the 8-K filed Jul 30, 2024.

Metric Guided
AFFO per diluted share
2024 full year
$4.63 – $4.73
Disposition volume
2024 full year
$1.2B – $1.4B
Investment volume
2024 full year
$1.25B – $1.75B
General and administrative expenses
2024 full year
$98M – $101M

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Owned Real Estate$386.93M -14.4% YoY
Investment Management$2.74M +542.4% YoY
Management Service$1.69M +456.4% YoY
Other Advisory Income and Reimbursements$1.06M +752.4% YoY
Administrative Reimbursements$1.00M
Revenue from Reimbursements$57,000 -54% YoY

Capital returned

Dividend / share
$0.88
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