CubeSmart (CUBE) Q3 2023 Earnings Call Transcript

Nov. 03, 2023 2:23 PM ETCubeSmart (CUBE) StockCUBE
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Q3: 2023-11-02 Earnings Summary

EPS of $0.45 beats by $0.00
 | Revenue of $267.88M (2.47% Y/Y) beats by $2.56M

CubeSmart (NYSE:CUBE) Q3 2023 Earnings Conference Call November 3, 2023 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

Jeff Spector - Bank of America
Spenser Allaway - Green Street
Smedes Rose - Citi
Todd Thomas - KeyBanc Capital Markets
Michael Goldsmith - UBS
Juan Sanabria - BMO Capital Markets
Kassandra Fieber - Truist Securities
Steve Sakwa - Evercore
Keegan Carl - Wolfe Research
Hong Zhang - JPMorgan

Operator

Good morning, ladies and gentlemen, and welcome to the CubeSmart Third Quarter 2023 Earnings Call. At his time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Friday, November 3, 2023.

And I would now like to turn the conference over to Mr. Josh Schutzer, Vice President of Finance. Please go ahead.

Josh Schutzer

Thank you, Aena. Good morning, everyone. Welcome to CubeSmart's third quarter 2023 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

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