CUBE Q3 2017 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q3 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$144M+8.9% YoY

Gross Profit

$97M67.2% margin

Operating Income

$52M36.3% margin

Net Income

$37M25.9% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$77M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.8B

Stockholders' Equity

$1.6B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$144M	$132M	+8.9%
Gross Profit	$97M	$90M	+7.1%
Operating Income	$52M	$40M	+32.3%
Net Income	$37M	$23M	+59.5%