W. P. Carey Inc. Announces 11% Rise In Q3 Bottom Line

(RTTNews) - W. P. Carey Inc. (WPC) reported a profit for its third quarter that rose from last year.

The company said its bottom line advanced to $126.65 million, or $1.19 per share. This was higher than $114.37 million, or $1.13 per share, in last year's third quarter.

The company said revenue for the quarter rose 9.6% to $181.18 million. This was up from $165.27 million last year.

W. P. Carey Inc. earnings at a glance:

-Earnings (Q3): $126.65 Mln. vs. $114.37 Mln. last year. -Earnings Growth (Y-o-Y): 10.7% -EPS (Q3): $1.19 vs. $1.13 last year. -EPS Growth (Y-o-Y): 5.3% -Revenue (Q3): $181.18 Mln vs. $165.27 Mln last year. -Revenue Change (Y-o-Y): 9.6%

-Guidance: Full year EPS guidance: $4.83 - $4.97