Lextrading Technical Overview

Lextrading Technical Overview

REITs Sells Off

A Technical Overview

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lextrading
Jul 30, 2023
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On Friday July 28, W. P. Carey reported better than expected Q2 earnings and revenue. Its revenue of $452.6 million exceeded the $430.5 million consensus estimate. Its AFFO, a key metric in REITs, came in at $1.36, topping the consensus estimate of $1.29. Occupancy for its properties remained flat at 99.0% vs 99.2% in the prior quarter. Despite the bea…

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