CubeSmart (CUBE) Tops Q2 EPS by 24c

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Go back to CubeSmart (CUBE) Tops Q2 EPS by 24c

CubeSmart Reports Second Quarter 2023 Results

August 3, 2023 4:30 PM EDT

MALVERN, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2023.

Following two years of record sector performance, 2023 has been a year of inconsistent trends as operating fundamentals adjust to the evolving macro environment, commented President and Chief Executive Officer Christopher P. Marr. Overall, New York City and other urban markets have seen more stable performance with solid results across key metrics while demand in markets throughout the Sun Belt has normalized off post-pandemic highs. Occupancy trends have typified the inconsistent... More