CubeSmart (CUBE) Q3 2024 Earnings Call Transcript Summary
CubeSmart (CUBE) Q3 2024 Earnings Call Transcript Summary
Same-store NOI experienced a negative growth of 3.1%.The following is a summary of the CubeSmart (CUBE) Q3 2024 Earnings Call Transcript:
以下是cubesmart（CUBE）Q3 2024年業績會成績單摘要:
Financial Performance:
金融業績：
Same-store revenue declined by 0.8% compared to last year.
Same-store operating expenses grew by 5.3%, driven by property insurance and marketing spending.
Same-store NOI experienced a negative growth of 3.1%.
Reported FFO per share as adjusted was $0.67, hitting the midpoint of their guidance range.
同店銷售收入較去年下降0.8%。
同店營業費用增長5.3%，主要受房產保險和營銷支出推動。
同店淨營業收入負增長3.1%。
經調整後每股報告FFO爲0.67美元，達到他們指導區間的中值。
Business Progress:
業務進展：
CubeSmart added 24 stores to their third-party management platform, reaching a total of 893 managed stores at quarter's end.
Announced plans to acquire two storage properties in the fourth quarter, with several other transactions under consideration.
CubeSmart將24家門店添加到其第三方管理平台，截止季末共管理893家門店。
宣佈計劃在第四季度收購兩個倉儲物業，在考慮中的還有其他交易。
Opportunities:
機會：
CubeSmart is prepared to capitalize on acquisition opportunities with a constructive market environment observed, and momentum building late in the year.
Positioned well to handle external growth with a strong balance sheet and low leverage.
cubesmart準備利用觀察到的建設性市場環境來實現收購機會，並且在年底形勢正在積極發展。
通過強勁的資產負債表和低槓桿，定位良好以處理外部增長。
Risks:
風險：
Lower than expected store performance due to a competitive pricing environment and slower rental volumes.
Continuing impact of extended periods of high supply in certain markets affecting pricing.
由於競爭激烈的定價環境和租賃量較慢，門店表現低於預期。
繼續高供應週期延長在特定市場產生的影響，影響價格。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
