Investors and market participants can look forward to the unveiling of W. P. Carey (NYSE: WPC) third quarter financial results on Tuesday 29th October 2024. This important update will be made available after market close.
As per the predictions of financial analysts on Wall Street, the enterprise is set to report an estimated per share $0.53 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $379.68 million for the period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $1.52 billion. Additionally, they forecast the earnings per share to hit profit of $2.41 for the fiscal year.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $1.32. This was attributed to the company's total revenue, which amounted to an impressive $448.26 million during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.17 | -14.0% | 386.93 M | -14.4% |
| Q1 2024 | $1.14 | -13.0% | 386.84 M | -9.5% |
| Q4 2023 | $1.19 | -7.8% | 410.38 M | +2.0% |
| Q3 2023 | $1.32 | -2.9% | 448.26 M | +17.3% |
| Q2 2023 | $1.36 | +3.8% | 452.15 M | +33.1% |
| *Growth on year-over-year basis | ||||
WPC will host a conference call with investment community on 30th October 2024 at 11:00 AM eastern time to discuss the financial results.
The previous trading day saw W. P. Carey (WPC) shares trading between $57.15 and $58.89, besides a volume of 975.40 thousand shares. The stock closed Friday's regular trading session at $57.28, indicating 2.17 percent fall.
