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CubeSmart Q4 FY2019 Earnings Call

CubeSmart (CUBE)

Earnings Call FY2019 Q4 Call date: 2020-02-21 Concluded

Guidance

from the 8-K filed Feb 21, 2020
Metric Guided Actual
Fully diluted earnings per share Initiated
year
$0.89 – $0.93 $0.85 below
Fully diluted FFO per share, as adjusted Initiated
2020
$1.67 – $1.71
Same-store revenue growth table Initiated
2020 Full Year
0% – 1%
Acquisition of wholly-owned operating properties table Initiated
2020 Full Year
$75M – $150M
Same-store NOI growth table Initiated
2020 Full Year
-1.5% – 0%
New development openings table Initiated
2020 Full Year
$87.4M
Same-store expense growth table Initiated
2020 Full Year
4% – 5%
Property management fee income table Initiated
2020 Full Year
$26M – $28M
Dispositions table Initiated
2020 Full Year
$0 – $50M

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