The earnings call presented a mixed outlook. CubeSmart is seeing some positive trends in move-in rates and financial management, but faces challenges with declining same-store revenue and NOI, alongside market-specific difficulties, particularly in the Sunbelt. The company is cautiously optimistic, with a strategy focused on gradual improvement and stability.
Company Guidance
During CubeSmart's Third Quarter 2025 Earnings Call, the company provided optimistic guidance, highlighting improvements in key metrics. The company reported an FFO per share as adjusted of $0.65 and noted a decline in same-store revenues by 1%, with average occupancy down 80 basis points to 89.9%. Despite a 1.5% decrease in same-store NOI growth, CubeSmart raised its full-year guidance expectations, including a $0.01 increase at the midpoint for FFO per share as adjusted. Same-store revenue growth guidance was also improved, with a revised midpoint for expense growth at 1.5% for the year. The company successfully issued $450 million of 10-year senior unsecured notes with a yield to maturity of 5.29%, marking its return to the market after four years. Looking forward, CubeSmart anticipates continued stabilization of operational metrics and improved footing heading into 2026, although it does not expect a rapid reacceleration.
Positive Move-in Rates
For the first time since Q1 2022, move-in rates in the same-store portfolio were positive year-over-year, indicating improving fundamentals.
Successful Financial Management
CubeSmart successfully issued $450 million in 10-year senior unsecured notes with a yield to maturity of 5.29%, marking their first market return in four years.
Third-Party Management Expansion
CubeSmart added 46 stores to its third-party management platform this quarter, bringing the total to 863 stores.
Guidance Increase
The company raised guidance with a $0.01 increase in FFO per share as adjusted and improved same-store NOI expectations, despite anticipating negative revenue growth in Q4.
Cubesmart (CUBE) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CUBE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
$39.06
$37.67
-3.56%
Jul 31, 2025
$38.41
$39.39
+2.55%
May 01, 2025
$39.93
$41.51
+3.96%
Feb 27, 2025
$40.97
$39.76
-2.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cubesmart (CUBE) report earnings?
Cubesmart (CUBE) is schdueled to report earning on Feb 19, 2026, After Close (Confirmed).
What is Cubesmart (CUBE) earnings time?
Cubesmart (CUBE) earnings time is at Feb 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.