CubeSmart FY26 Q2 diluted EPS rises 8.33% to $0.39; revenue increases 1.48% to $286.49 million
Reuters2026/07/30 20:48By:Reuters
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- CubeSmart posted Q2 GAAP diluted EPS of $0.39, rising from $0.36 a year earlier; net income attributable to common shareholders climbed to $89.6 million.
- FFO, as adjusted, fell to $143.1 million; FFO, as adjusted, per diluted share slipped 3.1% to $0.63.
- Same-store NOI declined 0.7% as revenue rose 0.8% and operating expenses increased 4.4%; same-store occupancy averaged 90.4% and ended at 91%.
- Amended revolving credit facility, lifting capacity to $1 billion and extending maturity to June 2030; repurchased 1,100,000 shares for $42.5 million.
- Guided 2026 GAAP diluted EPS at $1.58-$1.64 and FFO, as adjusted, per share at $2.54-$2.60; formed Heitman JV for 15 stores valued at $197 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CubeSmart published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301615PRIMZONEFULLFEED9801219) on July 30, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Ethereum liquid staking governance tokens fall ahead of Shapella upgrade
The Block•2026/08/15 20:06
Two-thirds of Americans don’t trust crypto: Pew Research
The Block•2026/08/15 20:06
Could Bitcoin Ever Break the 21 Million Cap? Adam Back Says It’s a Trap
BeInCrypto•2026/08/15 20:06
Update for XRP Holders: $3 Trillion Citibank Drops Major Statement On CLARITY Act
TimesTabloid•2026/08/15 20:00
Crypto prices
MoreBitcoin
BTC
$63,047.34
+0.34%
Ethereum
ETH
$1,882.66
+0.29%
Tether USDt
USDT
$0.9989
-0.01%
USDC
USDC
$0.9999
+0.00%
XRP
XRP
$1
+0.53%
Solana
SOL
$75.52
+0.56%
TRON
TRX
$0.3312
-0.29%
Hyperliquid
HYPE
$57.03
+2.56%
Dogecoin
DOGE
$0.06993
+0.36%
Zcash
ZEC
$488.94
-0.21%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now