04:46 PM EDT, 07/30/2024 (MT Newswires) -- W. P. Carey (WPC) reported Q2 adjusted funds from operations Tuesday of $1.17 per diluted share, down from $1.36 a year earlier.

Analysts polled by Capital IQ expected $1.17.

Revenue for the quarter ended June 30 was $389.7 million, down from $452.6 million a year earlier.

Analysts surveyed by Capital IQ expected 394.5 million.

The company said it now expects 2024 AFFO between $4.63 and $4.73 per diluted share.

Analysts polled by Capital IQ expect $4.70.

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