CubeSmart expected to post earnings of 38 cents a share - Earnings Preview

CubeSmart

29/04/2025 21:51

CubeSmart CUBE.N, CUBE.K is expected to show a rise in quarterly revenue when it reports  results on May 1 for the period ending March 31 2025

The Malvern Pennsylvania-based  company is expected to report a 1.3% increase in revenue to $264.817 million from $261.41 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

​LSEG's mean analyst estimate for CubeSmart is for earnings of 38 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 14 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 0.1% in the last three months. ​

Wall Street's median 12-month price target for CubeSmart is $45.00​, above​ its last closing price of $39.35. ​​​

The company's guidance on February 27 2025 for the period ended March 31 was for Funds Flow from Operations between USD0.61 and USD0.63.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.69
0.68
0.68
Met
-0.6
Sep. 30 2024
0.67
0.67
0.67
Met
-0.4
Jun. 30 2024
0.65
0.64
0.64
Met
-0.6​
Mar. 31 2024
0.65
0.65
0.64
Missed
-1
​​Dec. 31 2023
0.68
0.68
0.70
Beat
3
Sep. 30 2023
0.67
0.67
0.68
Beat
1.6​
Jun. 30 2023
0.66
0.66
0.66
Met
-0.4
Mar. 31 2023
0.65
0.65
0.65
Met
0.5

This summary was machine generated April 29 at 20:51 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)