Earnings ·
Reports Q3 net income of $141M, AFFO per share of $1.33 and raises full-year AFFO guidance to $5.23-$5.29
WPCW. P. Carey Inc.
W. P. Carey Inc. reported third-quarter 2026 results with diluted earnings per share of $0.61 and Adjusted Funds from Operations (AFFO) per diluted share of $1.33, up 6.4% year-over-year. The company raised its full-year 2026 AFFO guidance range to between $5.23 and $5.29 per diluted share, implying approximately 5.8% growth at the midpoint. Investment volume totaled $1.6 billion year-to-date, including $181.9 million in the quarter. The company also issued $350 million of 5.200% Senior Unsecured Notes due 2036 to prepay maturing debt and settled forward equity agreements for approximately $150 million in net proceeds. W. P. Carey operates as a net lease real estate investment trust with a diversified portfolio of high-quality, operationally critical commercial real estate.