CubeSmart (CUBE) Beats Q2 FFO and Revenue Estimates

分组1 - CubeSmart reported quarterly funds from operations (FFO) of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.63 per share, and showing a slight increase from $0.64 per share a year ago, resulting in an FFO surprise of +3.17% [1] - The company achieved revenues of $282.3 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.91%, compared to $266.21 million in the same quarter last year [2] - Over the last four quarters, CubeSmart has surpassed consensus FFO estimates two times and topped consensus revenue estimates three times [2] 分组2 - The stock's immediate price movement will depend on management's commentary during the earnings call and the sustainability of FFO expectations [3][4] - CubeSmart shares have underperformed the market, losing about 4% since the beginning of the year, while the S&P 500 has gained 8.2% [3] - The current consensus FFO estimate for the coming quarter is $0.65 on revenues of $279.89 million, and for the current fiscal year, it is $2.58 on revenues of $1.1 billion [7] 分组3 - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other industry is currently in the top 36% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions, which can be tracked by investors [5]