CubeSmart (CUBE) Meets Q1 FFO Estimates

CubeSmart (CUBE) came out with quarterly funds from operations (FFO) of $0.64 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.65 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this self-storage company would post FFO of $0.68 per share when it actually produced FFO of$0.70, delivering a surprise of 2.94%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.CubeSmart, which belo ...