Quarterly ResultJul 29, 2026, 04:13 PM
W. P. Carey Q2 Net Income $185.4M, EPS $0.82
AI Summary
W. P. Carey Inc. reported a substantial increase in net income and EPS for the second quarter and first half of 2026. Net income attributable to W. P. Carey surged to $185.4 million for Q2 2026, up from $51.2 million in Q2 2025, driven by higher revenues and other gains. The company also made significant real estate acquisitions totaling over $1.3 billion during the first six months of 2026, expanding its portfolio.
Key Highlights
- Q2 2026 Net Income Attributable to W. P. Carey increased 262% to $185.4 million.
- Q2 2026 Basic Earnings Per Share rose 257% to $0.82.
- Total revenues for Q2 2026 grew 7% to $461.1 million.
- Real estate acquisitions totaled $1.3 billion in H1 2026, adding 99 properties.
- Net investments in real estate increased to $16.17 billion as of June 30, 2026.
- Declared dividends of $0.940 per share for Q2 2026.
- Net cash used in investing activities increased to $1.07 billion in H1 2026.
- Sold 11 self-storage operating properties during H1 2026.
Price Impact
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