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CubeSmart (CUBE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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CubeSmart (CUBE - Free Report) reported $273.04 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.5%. EPS of $0.64 for the same period compares to $0.42 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $267.13 million, representing a surprise of +2.21%. The company delivered an EPS surprise of +3.23%, with the consensus EPS estimate being $0.62.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how CubeSmart performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Property management fee income: $10.51 million versus $10.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.1% change.
Rental income: $232.77 million versus $225.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.4% change.
Other property related income: $29.77 million versus $29.33 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.1% change.
Net Earnings Per Share (Diluted): $0.39 compared to the $0.39 average estimate based on four analysts.
Shares of CubeSmart have returned -3.1% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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CubeSmart (CUBE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CubeSmart (CUBE - Free Report) reported $273.04 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.5%. EPS of $0.64 for the same period compares to $0.42 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $267.13 million, representing a surprise of +2.21%. The company delivered an EPS surprise of +3.23%, with the consensus EPS estimate being $0.62.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how CubeSmart performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Property management fee income: $10.51 million versus $10.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.1% change.
- Rental income: $232.77 million versus $225.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.4% change.
- Other property related income: $29.77 million versus $29.33 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.1% change.
- Net Earnings Per Share (Diluted): $0.39 compared to the $0.39 average estimate based on four analysts.
View all Key Company Metrics for CubeSmart here>>>Shares of CubeSmart have returned -3.1% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.