Joel D. Keaton
Joel D. Keaton, the Company’s Chief Operating Officer, will be retiring from the Company effective April 30, 2025
Highest-materiality recent filing
CubeSmart Q1 EPS $0.36 vs $0.39 YoY; FFO as adj $0.63; same-store NOI -1.5%
Diluted EPS $0.36, down from $0.39; FFO as adjusted $0.63, down from $0.64.
CubeSmart Q4 EPS $0.34 (-24% YoY); Same-store NOI -1.1%; Guides 2026 FFO $2.52-2.60
Diluted EPS $0.34 in Q4 vs $0.45 prior year; adjusted FFO per share $0.64 vs $0.68, down 5.9%.
CubeSmart Q3 diluted EPS $0.36, same-store NOI -1.5%; lifts FY2025 guidance midpoints
Net income $82.9M, diluted EPS $0.36 vs $0.44 YoY; FFO as adjusted $0.65 vs $0.67.
CubeSmart L.P. issues $450M of 5.125% senior notes due 2035
Aggregate principal amount $450M at 5.125% interest, maturing 2035; net proceeds ~$440.2M after discounts and expenses.
CubeSmart Q2 EPS $0.36 (-12% YoY); FFO per share $0.65 (+1.6%); FY guidance raised
Diluted EPS $0.36 vs $0.41 YoY; net income $83M vs $94M.
CubeSmart Q4 2024 diluted EPS $0.45 vs $0.50 YoY; guides 2025 FFO $2.50-$2.59
Q4 diluted EPS $0.45 (vs $0.50); full-year diluted EPS $1.72 (vs $1.82).
CubeSmart COO Joel D. Keaton to retire Apr 30, 2025; consulting role through Apr 2026
Retirement effective April 30, 2025; Keaton will serve as non-employee consultant up to one year.
CubeSmart Q3 2024 EPS $0.44, FFO $0.67; same-store NOI down 3.1%
Diluted EPS $0.44 vs $0.45; FFO as adjusted $0.67 vs $0.68, both YoY declines.
CubeSmart Q2 EPS $0.41 vs $0.43 YoY; same-store NOI down 1.2%
Diluted EPS $0.41 (down from $0.43); adjusted FFO per share $0.64 (down 3% from $0.66).
CubeSmart Q1 EPS $0.42, FFO $0.64; same-store NOI down 1.9% YoY
Diluted EPS $0.42 vs $0.43 YoY; FFO as adjusted $0.64 vs $0.65 YoY, down 1.5%.
Joel D. Keaton, the Company’s Chief Operating Officer, will be retiring from the Company effective April 30, 2025
Max materiality 0.80 · Median 0.10 · Most common event other_material