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CubeSmart reports Q2 EPS 36c, consensus 38c

Reports Q2 revenue $282.3M, consensus $275.53M. “The rental season saw modestly better seasonal performance compared to last year as key operating metrics maintained their positive momentum throughout the second quarter and into July,” commented president and CEO Christopher Marr. “Fundamentals have continued to stabilize, supported by a lessening impact of new supply, better seasonal pricing to new customers, and the continued health of the existing customer.”

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