CUBENYSEReal Estate Investment Trusts

CubeSmart (CUBE) earnings date, market-implied expected move, and options open interest by expiry

42.73

+1.65 · +4.02%

post 42.73 0.00%

Closed16:00 ET

Open41.96Volume3.1MMkt cap$9.5BP/E27.93EPS1.53Div yield4.96%

Day41.58 – 42.73100%52-wk33.30 – 42.75100%

CUBE

CubeSmart

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 26

before open · in 119 days

est.Q4 FY26

Calendar

Next report

Last report

Oct 30

before open

confirmedOct 29 close

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+5.12%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

517 managers

Top fund weight

0.48%

CUBE weight · VNQ

N-PORTJul 31 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

CubeSmart (CUBE) is expected to report on Feb 26 before open (estimated date).

Implied vs realized

2 reports

—≥ implied

Q2 FY26Jul 31 '26confirmed—▲+0.53%—

Sep 14 '26Sep 14 '26confirmed±2.0%▲+0.53%×0.26

quarterimplied−5%0+5%realized×

Sep '26±2.0%▲+0.53%×0.26

Q2 FY26—▲+0.53%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 28 close

9.32OI · 3 expiries · Oct 28 closeP/C open interest · Nov 20 · nearest expiry

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6,2160%Nov 2021d6670%

100%Dec 1849d0.03392+1%0.03

135−3%Feb 19112d0.423220%0.42

ExpiryPutsCallsP/C

Nov 2021d6,2160%6670%9.32

Dec 1849d100%392+1%0.03

Feb 19112d135−3%3220%0.42

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

36.02%as filednet margin · revenue +2.66% QoQ · +2.91% YoY

Revenue$262M+2.66%

Pre-tax income$94M+5.42%

Net income$94M36.02%+5.42%

Source: SEC filings · standardized · QE Sep 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

PCE ×1.45· ±1.6% vs ±1.1% · 19 releases

eventrelease day|move|up · n×base

PCEpersonal income & outlays±1.6%11 of 19×1.45

FOMCrate decision±1.4%9 of 24×1.30

PPIproducer prices±1.4%7 of 11×1.24

GDPgross domestic product±1.2%11 of 19×1.12

NFPjobs report±0.9%5 of 10×0.82

CPIconsumer prices±0.8%5 of 11×0.68

CPROFcorporate profits±0.7%6 of 12×0.61

Bar = avg |move| to ±2% · tick = ±1.1% avg day · ×base = |move| ÷ ±1.1% · min 6 releases

Earnings history

EPS 0.42 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	0.42	—
Q2 FY26	Jul 31 '26 · confirmed	0.39	—
Q1 FY26	—	0.36	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod