Q2 adjusted FFO of $132.2M or $1.24 per share vs. $139M and $1.31 one year ago.
Owned real estate contributed $1.22 to AFFO, and investment management contributed $0.02.
ATM program was used for the first time in Q2, with 281K shares issued raising $19M; since the end of the quarter, another 549K shares have been issued, raising $37.2M.
Full-year AFFO guidance of $5.00-$5.20 per share is affirmed.
Previously: W. P. Carey beats by $0.09, misses on revenue (Aug. 4)
WPC flat premarket
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