Core Viewpoint - CubeSmart (CUBE) is rated as a buy for income-focused investors interested in equity real estate investment trusts (REITs) due to better-than-expected Q2 earnings results and raised guidance for the rest of the year [1] Financial Performance - The company reported Q2 earnings results that exceeded expectations [1] - Management has raised guidance for the remainder of the year, indicating positive future performance [1]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☑ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025. or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission file number: 001-32324 (CubeSmart) 000-54462 (CubeSmart, L.P.) CUBESMART CUBESMART, L.P. (Exact Name of Registrant as Specif ...

CubeSmart (CUBE) Q2 2025 Earnings Call August 01, 2025 11:00 AM ET Company ParticipantsJosh Schutzer - Vice President, FinanceChristopher Marr - President & CEOTimothy Martin - CFOSamir Khanal - Director - US REITsJuan Sanabria - Managing DirectorEric Wolfe - DirectorSpenser Glimcher - Managing DirectorMichael Griffin - DirectorKi Bin Kim - MD - US REIT Equity ResearchRavi Vaidya - Vice PresidentConference Call ParticipantsMichael Goldsmith - US REITs AnalystTodd Thomas - MD & Equity Research AnalystMichael ...

CubeSmart (CUBE) Q2 2025 Earnings Call August 01, 2025 11:00 AM ET Speaker0Thank you for standing by. My name is Jeannie, and I will be your conference operator today. At this time, I would like to welcome everyone to the CubeSmart Second Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.Thank you. Would now like to turn the call over to Josh Schulzer, Vice President of Financ ...

Exhibit 99.1 Earnings Release CubeSmart Reports Second Quarter 2025 Results MALVERN, PA -- (Globe Newswire) – July 31, 2025 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2025. "The rental season saw modestly better seasonal performance compared to last year as key operating metrics maintained their positive momentum throughout the second quarter and into July," commented President and Chief Executive Officer Christopher P. Marr. "Fundamentals hav ...

For the quarter ended June 2025, CubeSmart (CUBE) reported revenue of $282.3 million, up 6.1% over the same period last year. EPS came in at $0.65, compared to $0.41 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $274.33 million, representing a surprise of +2.91%. The company delivered an EPS surprise of +3.17%, with the consensus EPS estimate being $0.63.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Core Viewpoint - CubeSmart reported stable operating fundamentals with modest improvements in seasonal performance compared to the previous year, driven by reduced new supply and better pricing strategies for new customers [2][3]. Financial Results - Net income attributable to common shareholders for Q2 2025 was $83.0 million, down from $94.0 million in Q2 2024, with diluted EPS decreasing to $0.36 from $0.41 [3][8]. - Adjusted FFO for Q2 2025 was $148.9 million, slightly up from $146.0 million in Q2 2024, with FFO per diluted share increasing by 1.6% to $0.65 [4][40]. Investment Activity - No acquisitions were made in Q2 2025, but the company acquired an 80% interest in HVP IV for $452.8 million, which included repayment of $44.4 million of existing debt [5][6]. - The company has two joint venture development properties under construction, with a total anticipated investment of $36.9 million, of which $27.0 million has been invested as of June 30, 2025 [6]. Same-Store Results - The same-store portfolio included 606 stores with a net operating income (NOI) decrease of 1.1% year-over-year, attributed to a 0.5% decline in revenues and a 1.2% rise in operating expenses [8][9]. - Same-store occupancy averaged 90.6% during the quarter, ending at 91.1%, compared to 91.8% in the previous year [9][41]. Operating Results - Total consolidated portfolio as of June 30, 2025, included 659 stores with 48.1 million rentable square feet and a physical occupancy of 90.8% [10][11]. - Total revenues increased by $16.1 million, while property operating expenses rose by $5.9 million compared to Q2 2024, primarily due to acquisitions and new developments [11][12]. Financing Activity - Interest expense increased to $29.1 million in Q2 2025 from $22.8 million in Q2 2024, driven by a higher average outstanding debt balance and increased interest rates [12][13]. Quarterly Dividend - A quarterly dividend of $0.52 per common share was declared on May 20, 2025, and paid on July 15, 2025 [14]. 2025 Financial Outlook - The company estimates fully diluted EPS for 2025 to be between $1.44 and $1.50, and adjusted FFO per share to be between $2.54 and $2.60 [15][16].

MALVERN, Pa., July 29, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending September 30, 2025. The dividend is payable on October 15, 2025 to common shareholders of record on October 1, 2025. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,523 self-storage properties across the United States. According to the 2025 ...

Core Insights - Precision Global Corporation (PGC) has partnered with CubeSmart to manage four self-storage properties in Texas, highlighting PGC's growth and commitment to operational excellence [1][2] - CubeSmart officially took over management of these properties on July 25, 2025, marking a significant milestone in PGC's expansion in the self-storage sector [2] - The partnership aims to enhance customer experience and operational performance through CubeSmart's proven management model [3][4] Company Overview - Precision Global Corporation is a private equity firm focused on real estate investment and development, particularly in high-growth, income-producing assets like self-storage and RV parks [5] - CubeSmart, founded in 2004, is a publicly traded REIT and a leading operator in the self-storage industry, managing over 1,300 facilities across the U.S. [6]

MALVERN, Pa., July 01, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced that the Company will release financial results for the three-month period ended June 30, 2025 after the market close on Thursday, July 31, 2025. An accompanying conference call will be held at 11:00 a.m. ET on Friday, August 1, 2025. A live webcast of the conference call will be available online from the investor relations page of the Company’s corporate website at investors.cubesmart.com. Telephone participants may join ...