CubeSmart (CUBE) Misses Q4 EPS by 1c, Misses on Revenue

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CubeSmart Reports Fourth Quarter and Annual 2024 Results

February 27, 2025 4:15 PM EST

MALVERN, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2024.

Operating trends in the quarter were in line with our expectations given the volatile self-storage environment, commented President and Chief Executive Officer Christopher P. Marr. Looking forward to 2025, we are optimistic that we have reached an inflection point in the trend of decelerating growth rates, although we remain cautious given the macro uncertainty. Our expectation is that self-storage fundamentals in 2025 will be consistent with the last two years as... More