CubeSmart (CUBE) Q3 2022 Earnings Call Transcript

Oct. 28, 2022 4:51 PM ETCubeSmart (CUBE) StockCUBE
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Q3: 2022-10-27 Earnings Summary

EPS of $0.50 beats by $0.22
 | Revenue of $261.41M (22.98% Y/Y) beats by $4.08M

CubeSmart (NYSE:CUBE) Q3 2022 Earnings Conference Call October 28, 2022 11:00 AM ET

Company Participants

Josh Schutzer - Vice President, Finance
Chris Marr - President and CEO
Tim Martin - Chief Financial Officer

Conference Call Participants

Michael Goldsmith - UBS
Juan Sanabria - BMO
Smedes Rose - Citi
Samir Khanal - Evercore ISI
Todd Thomas - KeyBanc Capital Markets
Lizzy Doykan - Bank of America
David Balaguer - Green Street
Ki Bin Kim - Truist
Michael W. Mueller - JPMorgan Chase

Operator

Good morning. Thank you for attending today’s CubeSmart Third Quarter 2022 Earnings Call. My name is Florham, and I will be your moderator for today’s call. All lines will remain muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions]

It is now my pleasure to pass the conference over to our host, Josh Schutzer, Vice President of Finance. Mr. Schutzer, please proceed.

Josh Schutzer

Thank you, Florham. Good morning, everyone. Welcome to CubeSmart’s third 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

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