CubeSmart (CUBE) CEO Chris Marr on Q2 2022 Results - Earnings Call Transcript

Aug. 05, 2022 3:11 PM ETCubeSmart (CUBE) StockCUBE
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Q2: 2022-08-04 Earnings Summary

EPS of $0.26 beats by $0.02
 | Revenue of $248.66M (24.80% Y/Y) misses by $243.00K

CubeSmart (NYSE:CUBE) Q2 2022 Earnings Conference Call August 5, 2022 11:00 AM ET

Company Participants

Josh Schutzer - Vice President-Finance
Chris Marr - President & Chief Executive Officer
Tim Martin - Chief Financial Officer

Conference Call Participants

Keegan Carl - Berenberg Capital Markets
Juan Sanabria - BMO Capital Markets
Samir Khanal - Evercore ISI
Ki Bin Kim - Truist
Michael Mueller - JPMorgan

Operator

Hello everyone, and welcome to the CubeSmart Second Quarter 2020 Earnings Call. My name is Victoria, and I will be coordinating the call today. [Operator Instructions]

I'll now pass over to Josh Schutzer, Vice President of Finance to begin. Please go ahead.

Josh Schutzer

Thank you, Victoria. Good morning, everyone. Welcome to CubeSmart’s second quarter 2022 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. 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 second quarter financial supplement posted on the company’s website at

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