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0 0.0515247108307044 0.0515247108307044 -0.0220820189274449 -0.0220820189274449 -0.0220820189274449 0.0429022082018927 0.0429022082018927
Stock impact report

CubeSmart Reports Third Quarter 2024 Results

CubeSmart Common Shares (CUBE) 
Last cubesmart common shares earnings: 2/20 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.cubesmart.com
Company Research Source: GlobeNewswire
MALVERN, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2024. “The third quarter saw a continuation of trends as we remain in a competitive environment for new customer rental rates while the existing customer remains very resilient,” commented President and Chief Executive Officer Christopher P. Marr. “This month, we celebrated our 20th anniversary as a public company. While it’s exciting to celebrate our accomplishments over the past two decades, we remain keenly focused on our culture of innovation and enhancing our position as an industry leader.” Key Highlights for the Third Quarter Reported diluted earnings per share (“EPS”) attributable to the Company’s common shareholders of $0.44.Reported funds from operations (“FFO”), as adjusted, per diluted share of $0.67.Same-store (598 stores) net operating income (“NOI”) decreased 3.1% year over year, resulting from a 0.8% decreas Show less Read more
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