💨 Abstract

Carey Inc., a New York-based real estate investment trust, reported Q1 funds from operations of $257.8 million, missing analyst expectations of $1.20 per share. The company had net income of $125.8 million and revenue of $409.9 million. Carey expects full-year funds from operations to range between $4.82 and $4.92 per share.

Courtesy: wtop.com

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