Sector • Financial Industry • Real Estate Investment Trusts |
Industry • Real Estate Investment Trusts |
Sector • Financial |
It was very robust performance by the company over the financial time-frame ending December 31 2022
WPC reported fourth quarter of 2022 operating income of $222.767 millions
Published Mar 25 2023
CSIMarket Team / CSIMarket.com
In contrast to the Q3 Revenues surged by 4.955 % from $383.62 millions and EPS soared by 79.79 % from $0.51 per share.
Earnings of $209.503 millions in the October to December 31 2022 span increased by 110.32 % from net earnings of $99.612 millions reported in the October to December 31 2022 span a year ago. W P Carey Inc also emphasized it's improving profit margins, where net margin rose to 52.03% in October to December 31 2022 span, and operating margin edged up to 55.33%.
Operating earnings, on the other hand, improved just 18.06% to $222.767 millions. Observing deeper the sales reports for the financial year 2022, company announced Revenues of $1.48 billions and net earnings of $598.48 millions.
Real Estate Investment Trusts company voiced also, that Earnings per share grew by 33.48 % to $2.99 per share from $2.24 in the previous financial year , industry's contribution addsRevenues advanced by 11.08 % from $1.33 billions a year before.
W P Carey Inc is expected to report next financial results on April 28, 2023.
Other WPC's news
W P Carey Inc Suffers Earnings Contraction as Revenue Surges in Q4 2023
W. P. Carey Inc. Achieves Impressive Revenue Rise in Q3 2023, but Profit Margins Raise Concerns
An amazing execution by W P Carey Inc in the financial second quarter of 2023
It was very robust performance by the company over the financial time-frame ending December 31 2022
Other WPC's news
W P Carey Inc Suffers Earnings Contraction as Revenue Surges in Q4 2023
W. P. Carey Inc. Achieves Impressive Revenue Rise in Q3 2023, but Profit Margins Raise Concerns
An amazing execution by W P Carey Inc in the financial second quarter of 2023
It was very robust performance by the company over the financial time-frame ending December 31 2022