CubeSmart expected to post earnings of 28cents a share - Earnings Preview

CubeSmart

26/10/2022 02:52

* CubeSmart  CUBE.N   CUBE.K  is expected to show a rise in
quarterly revenue when it reports  results on October 27. 
    * The Malvern Pennsylvania-based  company is expected to
report  a
21.1% increase in revenue to $257.335 million from $212.56
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CubeSmart is for
earnings
of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CubeSmart
is
$50.5​, above​ its last closing price of $39.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.59        0.59       0.61      Beat    2.8
 Mar. 31 2022  0.58        0.58       0.58      Met     0.8
 Dec. 31 2021  0.56        0.56       0.58      Beat    3.8​
 Sep. 30 2021  0.53        0.53       0.56      Beat    6.2
 ​​Jun.        0.48        0.47       0.50      Beat    5.4
 30 2021                                                
 Mar. 31 2021  0.46        0.45       0.47      Beat    3.9​
 Dec. 31 2020  0.42        0.42       0.47      Beat    11.7
 Sep. 30 2020  0.41        0.41       0.44      Beat    6.8
 This summary was machine generated October 26 at 01:52 GMT.  All
figures in US dollars  unless otherwise stated