W.P. Carey reports Q3 AFFO $1.18, consensus $1.18

Reports Q3 revenue $397.4M, consensus $379.68M. Reports Q3 contractual same-store rent growth of 2.8%. “With close to $1B of deals completed so far this year and a near-term pipeline in excess of $500M, we’re well positioned to reach or exceed the $1.5B midpoint of our 2024 investment volume guidance, depending on the specific timing of deal closings,” said Jason Fox, CEO of W. P. Carey.

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