CubeSmart (CUBE) Reports In-Line Q1 EPS, Revenues Miss; Raises FY19 EPS Mid-Point Guidance Above Consensus, Raises FY19 FFO Mid-Point Guidance

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CubeSmart Reports First Quarter 2019 Results

April 25, 2019 4:06 PM EDT

MALVERN, Pa., April 25, 2019 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three months ended March 31, 2019.

First quarter results represent a solid start to the year, commented President and Chief Executive Officer Christopher P. Marr. We continue to experience broad-based customer demand across our portfolio. With a solid U.S. economy, high employment and low interest rates, consumer confidence remains elevated and creates a positive environment for our product as we enter the prime rental season.

Key Highlights for the Quarter

Reported earnings per share... More