Preview: W.P. Carey's Earnings

W.P. Carey WPC is set to give its latest quarterly earnings report on Friday, 2023-11-03. Here's what investors need to know before the announcement.

Analysts estimate that W.P. Carey will report an earnings per share (EPS) of $0.63.

W.P. Carey bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at W.P. Carey's past performance and the resulting price change:

Stock Performance

Shares of W.P. Carey were trading at $53.11 as of November 01. Over the last 52-week period, shares are down 28.96%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for W.P. Carey visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.