W. P. Carey Inc. Earnings Climb 8% In Q4

(RTTNews) - W. P. Carey Inc. (WPC) revealed a profit for its fourth quarter that climbed from last year.

The company said its bottom line came in at $135.55 million, or $1.27 per share. This was up from $125.61 million, or $1.19 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 17.9% to $197.60 million. This was up from $167.61 million last year.

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

-Earnings (Q4): $135.55 Mln. vs. $125.61 Mln. last year. -Earnings Growth (Y-o-Y): 7.9% -EPS (Q4): $1.27 vs. $1.19 last year. -EPS Growth (Y-o-Y): 6.7% -Revenue (Q4): $197.60 Mln vs. $167.61 Mln last year. -Revenue Change (Y-o-Y): 17.9%