CubeSmart reports results for the quarter ended June 30 - Earnings Summary
31/07/2025 22:37
CubeSmart CUBE.N reported quarterly adjusted earnings of 36 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of seven analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 34 cents to 41 cents per share. Revenue rose 6% to $282.30 million from a year ago; analysts expected $273.95 million. CubeSmart's reported EPS for the quarter was 36 cents. The company reported quarterly net income of $82.96 million. CubeSmart shares had fallen by 3.2% this quarter and lost 4.0% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 1% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy." Wall Street's median 12-month price target for CubeSmart is $47.00, about 17.2% above its last closing price of $38.91 This summary was machine generated from LSEG data July 31 at 09:36 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 0.63 | 0.65 | Beat |
| Mar. 31 2025 | 0.63 | 0.64 | Beat |
| Dec. 31 2024 | 0.68 | 0.68 | Met |
| Sep. 30 2024 | 0.67 | 0.67 | Met |