CubeSmart (CUBE) Reports Q2 2025 Earnings with Mixed Performance
CubeSmart (CUBE) reported Q2 2025 earnings with a negative same-store revenue growth of 0.5% and a decline in average same-store occupancy to 90.6%. Despite some efficiency gains, same-store NOI fell by 1.1%, reflecting weak revenue and modest expense growth. The company showed pricing power with a 28.3% increase in net effective rates for new customers.
Tickers: $CUBE
Topics: debt-to-EBITDA FFO per share move-in rent net effective rates NOI growth occupancy rates operating expenses same-store revenue growth third-party management