W.P. Carey Q2 EPS $1.36 Up From $1.31 YoY, Sales $452.20M Beat $442.38M Estimate
Portfolio Pulse from Benzinga Newsdesk
W.P. Carey (NYSE:WPC) reported Q2 earnings of $1.36 per share, a 3.82% increase YoY. The company also reported quarterly sales of $452.20 million, beating the analyst consensus estimate of $442.38 million by 2.22% and marking a 33.08% increase YoY.
July 28, 2023 | 11:31 am
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POSITIVE IMPACT
W.P. Carey reported a YoY increase in Q2 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost investor confidence and the company's stock price in the short term.
W.P. Carey's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to increased investor confidence, which may positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100