CubeSmart Q3 diluted EPS fell to $0.36 from $0.44 as same-store NOI declined 1.5%
CubeSmart reported third-quarter 2025 results on October 30, 2025. Diluted EPS fell to $0.36 from $0.44 and FFO, as adjusted, per diluted share fell 3.0% to $0.65, while total revenues rose to $285.1 million from $270.9 million. The CFO said stabilizing trends positioned the company to further increase the midpoints of its full-year FFO per share and same-store guidance ranges, and the company set 2025 diluted EPS guidance at $1.46 to $1.50.
Key points
- Diluted EPS attributable to common shareholders was $0.36 versus $0.44 a year earlier; FFO, as adjusted, per diluted share was $0.65 versus $0.67.
- Same-store NOI fell 1.5% to $166.5 million, with same-store revenues down 1.0% and period-end occupancy at 89.0% versus 90.2%.
- Total revenues rose to $285.1 million from $270.9 million, while interest expense on loans increased to $29.4 million from $22.8 million.
- 2025 guidance: diluted EPS of $1.46 to $1.50 and FFO, as adjusted, per diluted share of $2.56 to $2.60; prior ranges are not stated in the filing.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.