Benzinga | Jul 31, 2020 07:44AM EDT

W.P. Carey Q2 EPS $1.14 Beats $0.45 Estimate, Operating Property Revenues $283.65M Miss $288.53M Estimate

W.P. Carey (NYSE:WPC) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $0.45 by 153.33 percent. This is a 6.56 percent decrease over earnings of $1.22 per share from the same period last year. The company reported quarterly sales of $283.65 million which missed the analyst consensus estimate of $288.53 million by 1.69 percent. This is a 2.71 percent decrease over sales of $291.54 million the same period last year.