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CUBE

CubeSmart

$50.42

Earnings Summary

Revenue
$238.57Mn
Net Profits
$38.16Mn
Net Profit Margins
15.99%
PE Ratio
47.19

Highlights

Revenue:

CubeSmart’s revenue jumped 26.33% since last year same period to $238.57Mn in the Q1 2022. On a quarterly growth basis, CubeSmart has generated 7.5% jump in its revenue since last 3-months.

Net Profits:

CubeSmart’s net profit fell -8.57% since last year same period to $38.16Mn in the Q1 2022. On a quarterly growth basis, CubeSmart has generated -15.86% fall in its net profits since last 3-months.

Net Profit Margins:

CubeSmart’s net profit margin fell -27.63% since last year same period to 15.99% in the Q1 2022. On a quarterly growth basis, CubeSmart has generated -21.74% fall in its net profit margins since last 3-months.

PE Ratio:

CubeSmart’s price-to-earnings ratio after this Q1 2022 earnings stands at 47.19.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the CubeSmart post its latest quarter earnings

EPS Estimate Current Quarter
0.27
EPS Estimate Current Year
0.27

Highlights

EPS Estimate Current Quarter:

CubeSmart’s earning per share (EPS) estimates for the current quarter stand at 0.27 - a 12.5% jump from last quarter’s estimates.

EPS Estimate Current Year:

CubeSmart’s earning per share (EPS) estimates for the current year stand at 0.27.

Key Ratios

Key ratios of the CubeSmart post its Q1 2022 earnings

Earning Per Share (EPS)
0.17
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
1.63

Highlights

Earning Per Share (EPS):

CubeSmart’s earning per share (EPS) fell -19.05% since last year same period to 0.17 in the Q1 2022. This indicates that the CubeSmart has generated -19.05% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. CubeSmart’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. CubeSmart’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

CubeSmart declared 1.63 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-29
0.24
0.17
-29.17%

Company Information

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,238 self-storage properties across the United States. According to the 2020 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.

Organisation
CubeSmart
Employees
3.11K
Industry
Finance