CubeSmart (CUBE) Tops Q2 EPS by 1c
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CubeSmart Reports Second Quarter 2015 Results: FFO Per Share Grows 14.8%; Same-Store NOI Increases 8.4%
August 6, 2015 5:18 PM EDTMALVERN, PA -- (Marketwired) -- 08/06/15 --
CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2015.
"Our solid operational performance was evident throughout the portfolio, with all of our regional markets benefiting from steady demand, limited new supply, and attractive revenue growth," commented President and Chief Executive Officer Christopher P. Marr. "Given record occupancies that reached 93.8% at quarter end, the Company was able to accelerate positive pricing momentum while also reducing promotional activity during the quarter. Based on our strong first-half... More
