Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
W. P. Carey Inc. (WPC)
NYSE:WPC
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.6Last Year’s EPS
0.72Same Quarter Last Year
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: 4.54%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. On one hand, W. P. Carey reported record investment volume, a strong liquidity position, and improved tenant credit situations. On the other hand, there were concerns about economic uncertainties and conservative guidance due to market conditions. The sentiment is balanced with significant achievements but also notable challenges.Company Guidance
In the 2024 earnings call, W. P. Carey provided comprehensive guidance for the upcoming year, highlighting several key metrics. The company anticipates a mid-three percent range growth in AFFO, which is expected to support a total return of around ten percent, bolstered by a dividend yield of over six percent. The fourth quarter saw a record investment volume of over $840 million, bringing the total for the year to $1.6 billion, with average cash cap rates in the mid to low sevens. The company plans to fund new investments without issuing equity, instead utilizing accretive asset sales. For 2025, AFFO guidance is set between $4.82 and $4.92 per share, implying approximately 3.6% growth at the midpoint. Key assumptions include investment volume between $1 billion and $1.5 billion, with expected dispositions totaling $500 million to $1 billion. Additionally, the company plans to maintain a leverage target with debt to gross assets in the mid to low forties.Record Quarterly Investment Volume
W. P. Carey closed a record quarterly investment volume of over $840 million in Q4 2024, bringing the total annual investment volume to approximately $1.6 billion.
Successful Exit from Office Sector
Successfully exited the office sector, establishing a new baseline for AFFO and setting the foundation for future growth.
Strong Balance Sheet and Liquidity
Ended 2024 with total liquidity of approximately $2.6 billion, with significant flexibility and manageable debt maturity profile.
Improved Tenant Credit Position
Resolved credit risk with True Value and saw no change in credit risk for other significant tenants like HELDIG and Hearthside.
AFFO Growth and Guidance
Reported a strong AFFO of $4.70 per share for 2024, with guidance for 2025 AFFO of between $4.82 and $4.92 per share, implying about 3.6% growth at the midpoint.
---
WPC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
WPC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $56.14 | $57.70 | +2.78% |
| Oct 29, 2024 | $55.79 | $55.28 | -0.91% |
| Jul 30, 2024 | $58.98 | $56.08 | -4.92% |
| Apr 30, 2024 | $52.37 | $52.17 | -0.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does W. P. Carey Inc. (WPC) report earnings?
W. P. Carey Inc. (WPC) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is W. P. Carey Inc. (WPC) earnings time?
W. P. Carey Inc. (WPC) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WPC EPS forecast?
WPC EPS forecast for the fiscal quarter 2025 (Q1) is 0.6.
---