CubeSmart (CUBE) reported Q4 adjusted funds from operations late Thursday of $0.68 per diluted share, down from $0.70 a year earlier.
Analysts polled by FactSet, on average, expected $0.68.
Revenue for the quarter ended Dec. 31 was $231.4 million, down from $235.2 million a year earlier.
Analysts expected $265.4 million.
For Q1, the real estate investment trust is projecting an adjusted FFO of $0.61 to $0.63. Analysts are looking for $0.65.
For 2025, the real estate investment trust is projecting an adjusted FFO of $2.50 to $2.59.
Analysts are looking for $2.67.
CubeSmart shares recently were down nearly 6% in Thursday's after-hours session.