W. P. Carey-W.P. Carey (WPC) Q1 FFO and Revenues Lag Estimates

W.P. Carey (WPC) came out with quarterly funds from operations (FFO) of $1.17 per share, missing the Zacks Consensus Estimate of$ 1.20 per share. This compares to FFO of $1.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.50%. A quarter ago, it was expected that this real estate investment trust would post FFO of$ 1.19 per share when it actually produced FFO of $1.21, delivering a surprise of 1.68%.Over the last four quarters, ...