- Q4 adjusted FFO of $58.1M or $0.33 per share vs. $46.8M and $0.28 one year ago. Full-year adjusted FFO per share of $1.25 vs. $1.08 in 2014.
- Q4 same-store (353 facilities) occupancy of 91.7% up 160 basis points Y/Y. Revenues up 8%; operating expenses up 0.9%; NOI up 11.1%.
- Full-year 2016 FFO per share guidance of $1.35-$1.40 vs. $1.25 in 2015. Q1 FFO guidance of $0.31-$0.32 per share.
- Conference call tomorrow at 11 ET
- Previously: CubeSmart beats by $0.01, misses on revenue (Feb. 18)
- CUBE flat after hours