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CubeSmart Earnings Calls
| Release date | Oct 30, 2025 |
| EPS estimate | $0.650 |
| EPS actual | $0.650 |
| Revenue estimate | 279.877M |
| Revenue actual | 285.08M |
| Revenue Surprise | 1.86% |
| Release date | Jul 31, 2025 |
| EPS estimate | $0.630 |
| EPS actual | $0.650 |
| EPS Surprise | 3.17% |
| Revenue estimate | 282.568M |
| Revenue actual | 282.303M |
| Revenue Surprise | -0.0938% |
| Release date | May 01, 2025 |
| EPS estimate | $0.620 |
| EPS actual | $0.640 |
| EPS Surprise | 3.23% |
| Revenue estimate | 266.673M |
| Revenue actual | 273.036M |
| Revenue Surprise | 2.39% |
| Release date | Feb 27, 2025 |
| EPS estimate | $0.450 |
| EPS actual | $0.680 |
| EPS Surprise | 51.11% |
| Revenue estimate | 267.541M |
| Revenue actual | 267.726M |
| Revenue Surprise | 0.0693% |
Last 4 Quarters for CubeSmart
Below you can see how CUBE performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 27, 2025 |
| Price on release | $42.53 |
| EPS estimate | $0.450 |
| EPS actual | $0.680 |
| EPS surprise | 51.11% |
| Date | Price |
|---|---|
| Feb 21, 2025 | $41.81 |
| Feb 24, 2025 | $42.13 |
| Feb 25, 2025 | $43.23 |
| Feb 26, 2025 | $42.31 |
| Feb 27, 2025 | $42.53 |
| Feb 28, 2025 | $41.28 |
| Mar 03, 2025 | $42.23 |
| Mar 04, 2025 | $41.80 |
| Mar 05, 2025 | $42.46 |
| 4 days before | 1.72% |
| 4 days after | -0.165% |
| On release day | -2.94% |
| Change in period | 1.55% |
| Release date | May 01, 2025 |
| Price on release | $40.95 |
| EPS estimate | $0.620 |
| EPS actual | $0.640 |
| EPS surprise | 3.23% |
| Date | Price |
|---|---|
| Apr 25, 2025 | $39.80 |
| Apr 28, 2025 | $39.62 |
| Apr 29, 2025 | $39.35 |
| Apr 30, 2025 | $40.67 |
| May 01, 2025 | $40.95 |
| May 02, 2025 | $42.57 |
| May 05, 2025 | $42.81 |
| May 06, 2025 | $42.01 |
| May 07, 2025 | $42.17 |
| 4 days before | 2.89% |
| 4 days after | 2.98% |
| On release day | 3.96% |
| Change in period | 5.95% |
| Release date | Jul 31, 2025 |
| Price on release | $38.91 |
| EPS estimate | $0.630 |
| EPS actual | $0.650 |
| EPS surprise | 3.17% |
| Date | Price |
|---|---|
| Jul 25, 2025 | $41.41 |
| Jul 28, 2025 | $40.90 |
| Jul 29, 2025 | $41.64 |
| Jul 30, 2025 | $41.12 |
| Jul 31, 2025 | $38.91 |
| Aug 01, 2025 | $39.90 |
| Aug 04, 2025 | $39.72 |
| Aug 05, 2025 | $39.66 |
| Aug 06, 2025 | $39.50 |
| 4 days before | -6.04% |
| 4 days after | 1.52% |
| On release day | 2.54% |
| Change in period | -4.61% |
| Release date | Oct 30, 2025 |
| Price on release | $39.06 |
| EPS estimate | $0.650 |
| EPS actual | $0.650 |
| Date | Price |
|---|---|
| Oct 24, 2025 | $42.06 |
| Oct 27, 2025 | $41.68 |
| Oct 28, 2025 | $41.33 |
| Oct 29, 2025 | $40.08 |
| Oct 30, 2025 | $39.06 |
| Oct 31, 2025 | $37.67 |
| Nov 03, 2025 | $37.00 |
| Nov 04, 2025 | $37.41 |
| Nov 05, 2025 | $37.73 |
| 4 days before | -7.13% |
| 4 days after | -3.41% |
| On release day | -3.56% |
| Change in period | -10.29% |
CubeSmart Earnings Call Transcript Summary of Q3 2025
CubeSmart reported a solid Q3 2025 with signs of gradual stabilization across its portfolio. Key operating results: same-store revenue declined 1.0% year-over-year, same-store NOI declined 1.5%, average same-store occupancy fell 80 bps to 89.9%, and FFO per share as adjusted was $0.65. Move-in rents were up (roughly +2.5% for the quarter; ~+1.9% in October), marking the first quarter since Q1 2022 with positive year-over-year move-in rates. Management attributes improved performance to diminishing new-supply headwinds, better pricing dynamics during peak rental season, and continued consumer health, but expects only gradual improvement—not a rapid inflection. Guidance was nudged higher (FFO per share midpoint +$0.01; improved same-store revenue and expense midpoints) with Q4 still expected to show negative revenue growth but an acceleration from Q3. External growth highlights: three store acquisitions under contract for Q4, completion/opening of JV development in Port Chester and New Rochelle (opening in Q4), and 46 stores added to third-party management (total 863 managed stores). Balance sheet and capital: issued $450 million of 10‑year unsecured notes at 5.29% in August, plan to refinance near-term 2025 notes via credit facility and future bond issuance; net debt/EBITDA ~4.7x. Management expects the gradual stabilizing trends to continue into 2026, with potential for positive same-store revenue likely in the back half of 2026 if trends persist.
