CubeSmart (CUBE) Tops Q1 FFO and Revenue Estimates

CubeSmart (CUBE) came out with quarterly funds from operations (FFO) of $0.64 per share, beating the Zacks Consensus Estimate of$ 0.62 per share. This compares to FFO of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.23%. A quarter ago, it was expected that this self-storage company would post FFO of$ 0.68 per share when it actually produced FFO of $0.68, delivering no surprise.Over the last four quarters, the company has ...