CubeSmart (CUBE) CEO Christopher Marr on Q1 2020 Results - Earnings Call Transcript

May 08, 2020 7:21 PM ETCubeSmart (CUBE) StockCUBE
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Q1: 2020-05-07 Earnings Summary

EPS of $0.20 beats by $0.01
 | Revenue of $164.08M (7.35% Y/Y) beats by $1.52M

CubeSmart (NYSE:CUBE) Q1 2020 Earnings Conference Call May 8, 2020 11:00 AM ET

Company Participants

Josh Schutzer - Director of Financial Analysis
Christopher Marr - CEO, President & Trustee
Timothy Martin - CFO & Treasurer

Conference Call Participants

Smedes Rose - Citi
Jeremy Metz - BMO Capital Markets
Todd Thomas - KeyBanc Capital Markets
Ki Bin Kim - SunTrust
Han Meng Zhang - JPMorgan
Jason Belcher - Wells Fargo
Steve Sakwa - Evercore ISI
Spenser Allaway - Green Street Advisors

Operator

Good day. And welcome to the CubeSmart First Quarter 2020 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note, today's event is being recorded.

I would now like to turn the conference over to Mr. Josh Schutzer, Senior Director of Financial. Please proceed sir.

Josh Schutzer

Thank you, Eric, Hello, everyone and welcome to CubeSmart's first quarter 2020 earnings call. Participants on today's call include Chris Marr, President and Chief Executive Officer; and Tim Martin, Chief Financial Officer. Our prepared remarks will be followed by a Q&A session.

In addition to our earnings release, which was issued yesterday evening, supplemental operating and financial data is available under the Investor Relations section of the company's website at www.cubesmart.com. The company's remarks will include certain forward-looking statements regarding earnings and strategy that involve risks, uncertainties and other factors that may cause the actual results to differ materially from these forward-looking statements.

The risks and factors that could cause our actual results to differ materially from forward-looking statements are provided in documents the company furnishes to, or files with, the Securities and Exchange Commission, specifically the Form 8-K we filed this morning together with our earnings release filed with the Form 8-K and the Risk Factors section of the company's annual report on Form 10-K.

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