CubeSmart (CUBE) Declares $0.27 Quarterly Dividend; 4.5% Yield
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CubeSmart (CUBE) Tops Q2 EPS by 1c, Beats on Revenues; FY17 EPS Guidance Above Consensus
July 27, 2017 5:04 PM EDTCubeSmart (NYSE: CUBE) reported Q2 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $138.56 million versus the consensus estimate of $137.65 million.
GUIDANCE:
CubeSmart sees FY2017 EPS of $0.70-$0.74, versus the consensus of $0.67.
CubeSmart sees Q3 2017 EPS of $0.19-$0.20, versus the consensus of $0.19.
2017 Financial Outlook
The Company is adjusting its previously issued estimates and maintaining its underlying assumptions for 2017 guidance. Fully diluted FFO per share, as adjusted, for 2017 is now expected to be between $1.53 and $1.57 (previously between $1.52 and $1.57). The Companys... More
