CubeSmart Q1 2026 EPS $0.36 beat $0.35 forecast, revenue $281.93M beat $275.12M, after‑hours stock up 1.08% then slipped to $40.03.
Same‑store revenue grew 0.6% YoY, net rentals surged 240%, while operating expenses rose 5.8% due to marketing and snow‑removal costs.
Management reaffirmed 2026 guidance, highlighted first positive same‑store growth since mid‑2024, added 33 third‑party stores to reach 854 total.
Company announced $250 million joint venture with CBRE IM for high‑growth markets and continued share repurchases of roughly $60 million in Q1.