CubeSmart Beats Q3 Results and Raises Annual Guidance
CUBE CubeSmart
$45.00 -0.04%
View chart & analysis → - 1CubeSmart recorded revenue of $293.97 million in the third quarter.
- 2CubeSmart achieved a same-store occupancy rate of 89.9% at the end of September.
- 3Management raised all annual same-store and FFO ranges.
So what's the key point?
CubeSmart earned more revenue in the third quarter than expected. Management raised their performance outlook for the year, leading to expectations of further stock growth.
Source Earnings Whispers · View original ↗
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