W. P. Carey (WPC) Reports Q3 AFFO of $1.13

W. P. Carey (NYSE: WPC) reported Q3 AFFO of $1.13. Revenue for the quarter came in at $195.9 million, versus $132.6 million reported last year.

W. P. Carey sees FY2014 AFFO of $4.70-$4.86.

W. P. Carey sees FY2015 AFFO of $4.76-$5.02.

"During the third quarter, we made progress towards two of our core business strategies — funding accretive acquisitions through an appropriate mix of equity and unsecured debt, and further diversifying our non-traded product offerings," said W. P. Carey President and CEO, Trevor Bond. "In particular, we achieved an important milestone with the successful completion of our inaugural public equity offering. And we took steps to expand the product lineup of our Investment Management business to include a second non-traded lodging REIT and a non-traded BDC. Throughout, we remained focused on generating stable and growing dividend income for our shareholders through disciplined investing, as we have done for over forty years."

For earnings history and earnings-related data on W. P. Carey (WPC) click here.

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