CubeSmart (CUBE) Reports In-Line Q1 EPS

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Go back to CubeSmart (CUBE) Reports In-Line Q1 EPS

CubeSmart Reports First Quarter 2016 Results: FFO Per Share Grows 14.3%; Same-Store NOI Increases 12.9%

April 28, 2016 4:40 PM EDT

MALVERN, PA -- (Marketwired) -- 04/28/16 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2016.

"Our first quarter performance speaks to the continued fundamental strength of the storage business and our operating platform's ability to generate strong financial results during what is considered a seasonally slow period of the year," commented President and Chief Executive Officer Christopher P. Marr. "As we head into the busy rental season, we are focused on delivering strong property level results while pursuing external growth opportunities that create attractive long-term shareholder value." 

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