CubeSmart (CUBE) Misses Q2 EPS by 1c

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CubeSmart Reports Second Quarter 2018 Results

July 26, 2018 4:05 PM EDT

MALVERN, Pa., July 26, 2018 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2018.

As we approach the end of the traditional busy season, operating performance continues to meet our expectations and business fundamentals remain solid, commented President and Chief Executive Officer Christopher P. Marr. Our third-party management platform continues to be an attractive solution for owners, as we added 41 stores during the second quarter. We remain focused on generating attractive risk-adjusted returns for shareholders by maximizing cash flows and maintaining a disciplined approach to... More