CubeSmart (CUBE) Tops Q4 EPS by 3c
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CubeSmart Reports 2019 Annual Results
February 20, 2020 4:30 PM ESTMALVERN, Pa., Feb. 20, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2019.
We closed out a solid 2019 by hitting the high end of our FFO per share target as operating performance showed resilience in the face of new supply, commented Christopher P. Marr, President and Chief Executive Officer. We are encouraged to see continued stable demand for the product as newly-developed stores lease-up, while markets that saw an earlier start to the development cycle begin to see fundamentals stabilize. We remain... More
