W.P. Carey Q1 FFO $1.17 Misses $1.20 Estimate, Sales $407.44M Beat $396.21M Estimate

W.P. Carey (NYSE:WPC) reported quarterly earnings of $1.17 per share which missed the analyst consensus estimate of $1.20 by 2.5 percent. This is a 2.63 percent increase over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $407.44 million which beat the analyst consensus estimate of $396.21 million by 2.84 percent. This is a 5.32 percent increase over sales of $386.84 million the same period last year.