W. P. Carey Inc. Bottom Line Rises 14% In Q3

(RTTNews) - W. P. Carey Inc. (WPC) announced a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $144.47 million, or $1.34 per share. This was up from $126.65 million, or $1.19 per share, in last year's third quarter.

The company said revenue for the quarter fell 0.6% to $180.07 million. This was down from $181.18 million last year.

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

-Earnings (Q3): $144.47 Mln. vs. $126.65 Mln. last year. -Earnings Growth (Y-o-Y): 14.1% -EPS (Q3): $1.34 vs. $1.19 last year. -EPS Growth (Y-o-Y): 12.6% -Revenue (Q3): $180.07 Mln vs. $181.18 Mln last year. -Revenue Change (Y-o-Y): -0.6%

-Guidance: Full year EPS guidance: $5.05 - $5.15