---
schema_version: "secwatch.filing_event.v1"
accession: "0001298675-24-000009"
form_type: "8-K"
ticker: "CUBE"
cik: "0001298675"
company_name: "CubeSmart"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:16:35.151595+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CubeSmart Q4 2023 EPS $0.50, FFO as adj. $0.70; raises dividend 4.1% to $0.51/share

## Summary
- Diluted EPS $0.50 in Q4 2023 vs $0.36 YoY; full-year EPS $1.82 vs $1.29.
- FFO as adjusted per share $0.70 in Q4 (+4.5% YoY); full-year $2.68 (+5.9%).
- Same-store NOI +1.2%; revenue +0.4%, expenses -1.8%; ended occupancy 90.3%.
- Acquired one NJ store for $22M in Q4; post-close bought two CT stores for $20.2M.
- 2024 guidance: diluted EPS $1.69-$1.79, FFO as adj. $2.59-$2.69.

## SEC filing metadata
- accession: 0001298675-24-000009
- form_type: 8-K
- ticker: CUBE
- cik: 0001298675
- company_name: CubeSmart
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1298675/000129867524000009/0001298675-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1298675/000129867524000009/cube-20240229x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001298675-24-000009
- JSON: https://secwatch.observer/filing/0001298675-24-000009.json
- Plain text: https://secwatch.observer/filing/0001298675-24-000009.txt

## Key facts
- Earnings Releases
  CubeSmart reported the twelve months ended December 31, 2023 results: net income $410.8 million, EPS $1.82.
  - Period: the twelve months ended December 31, 2023
  - Net income: $410.8 million
  - EPS: $1.82
  - Result: reported results
  source text: On February 29, 2024, CubeSmart (the “Company”) announced its financial results for the three months and twelve months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1298675/000129867524000009/0001298675-24-000009-index.htm
- Earnings Releases
  CubeSmart reported the three months ended December 31, 2023 results: net income $112.7 million, EPS $0.50.
  - Period: the three months ended December 31, 2023
  - Net income: $112.7 million
  - EPS: $0.50
  - Result: reported results
  source text: On February 29, 2024, CubeSmart (the “Company”) announced its financial results for the three months and twelve months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1298675/000129867524000009/0001298675-24-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.