CubeSmart FFO of $0.64 misses by $0.01, revenue of $234.7M misses by $45.26M

February 26, 2026 04:23:14 pm

Source: SeekingAlpha

2026-02-26 16:23:14 ET

2026 Full Year Guidance Range Summary	Current Ranges for Annual Assumptions
Same-store revenue growth		(0.25	%)		to		1.25	%
Same-store expense growth		3.25	%		to		4.75	%
Same-store NOI growth		(1.75	%)		to		0.25	%

Property management fee income	$	39.0M		to	$	41.0M
General and administrative expenses	$	66.5M		to	$	68.5M
Interest and loan amortization expense	$	124.5M		to	$	128.5M
Full year weighted average shares and units	229.4M

Diluted earnings per share attributable to common shareholders	$	1.55		to	$	1.63
Plus: real estate depreciation and amortization		0.97				0.97
FFO, as adjusted, per diluted share	$	2.52		to	$	2.60

1st Quarter 2026 Guidance	Range
Diluted earnings per share attributable to common shareholders	$	0.35		to	$	0.37
Plus: real estate depreciation and amortization		0.26				0.26
FFO, as adjusted, per diluted share	$	0.61		to	$	0.63