Quarterly ResultJul 28, 2026, 04:13 PM
W. P. Carey Q2 AFFO $1.34/share; Raises 2026 Guidance
AI Summary
W. P. Carey Inc. reported strong financial results for Q2 2026, with diluted EPS of $0.82 and AFFO per diluted share of $1.34, representing a 4.7% increase year-over-year. The company raised and narrowed its full-year 2026 AFFO guidance to between $5.19 and $5.27 per diluted share, implying 5.2% year-over-year growth at the midpoint. Investment volume guidance was also increased to between $1.7 billion and $2.1 billion, reflecting continued momentum and acquisition opportunities.
Key Highlights
- Q2 2026 diluted EPS was $0.82, up from $0.23 in Q2 2025.
- Q2 2026 AFFO per diluted share was $1.34, a 4.7% increase year-over-year.
- Raised 2026 AFFO guidance to $5.19-$5.27 per diluted share, implying 5.2% YoY growth at midpoint.
- Increased full-year investment volume assumption to $1.7 billion-$2.1 billion.
- Completed $706.5 million in investments during Q2 2026, totaling $1.3 billion year-to-date.
- Declared a Q2 cash dividend of $0.940 per share, an annualized rate of $3.76 per share.
- Issued $350 million of 5.200% Senior Unsecured Notes due 2036 to prepay existing debt.
- Reported $2.7 billion in total liquidity as of June 30, 2026.
Price Impact
More from WPC