CubeSmart (CUBE) CEO Christopher Marr on Q3 2020 Results - Earnings Call Transcript

Nov. 06, 2020 4:33 PM ETCubeSmart (CUBE) StockCUBE
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Q3: 2020-11-05 Earnings Summary

EPS of $0.24 beats by $0.04
 | Revenue of $172.51M (3.58% Y/Y) beats by $5.85M

CubeSmart (NYSE:CUBE) Q3 2020 Earnings Conference Call November 6, 2020 11:00 AM ET

Company Participants

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

Conference Call Participants

Juan Sanabria - BMO Capital Markets
Todd Thomas - KeyBanc Capital Markets
Smedes Rose - Citigroup
Hong Zhang - JPMorgan Chase & Co.

Operator

Good morning, and welcome to the CubeSmart Third Quarter 2020 Earnings Call. [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to Josh Schutzer, Senior Director of Finance. Please go ahead.

Joshua Schutzer

Thank you. Hello, everyone. Good morning from Malvern, Pennsylvania. Welcome to CubeSmart's Third 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 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.

In addition, the company's remarks include reference to non-GAAP measures. A reconciliation between GAAP and non-GAAP measures can be found in the third quarter financial supplement posted on the company's website

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