CubeSmart Reports Third Quarter 2024 Results
1. CubeSmart reported Q3 2024 diluted EPS of $0.44, down from $0.45. 2. Same-store NOI decreased 3.1% year-over-year, impacted by higher operating expenses. 3. Acquisition of two stores for $22 million expected to close in Q4 2024. 4. Third-party management platform grew with 24 new stores added this quarter. 5. Company's total revenues rose slightly, reflecting effective management despite competition.