W.P. Carey Inc. (NYSE:WPC) posted its quarterly earnings data on Friday, November 3rd. The real estate investment trust reported $1.37 EPS for the quarter, topping the consensus estimate of $1.16 by $0.21, Briefing.com reports. The business had revenue of $210.00 million for the quarter, compared to analyst estimates of $212.72 million. W.P. Carey had a net margin of 31.28% and a return on equity of 7.25%. W.P. Carey’s quarterly revenue was down 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 earnings per share.
Shares of W.P. Carey (NYSE:WPC) opened at $71.49 on Tuesday. W.P. Carey has a twelve month low of $55.97 and a twelve month high of $71.99. The company has a market cap of $7,640.00, a P/E ratio of 13.69, a price-to-earnings-growth ratio of 3.98 and a beta of 0.95. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 1.19.
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About W.P. Carey
W. P. Carey provides long-term, sale-leaseback and build-to-suit transactions for companies worldwide, and manages a global investment portfolio. It has two primary business segments. Under the investment management segment, the Company earns revenue as the advisor to publicly owned, non-actively traded real estate investment trusts (REITs), which are sponsored by the Company under the Corporate Property Associates brand name (the CPA REITs) and invests in similar properties.
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