Costamare: Q2 Earnings Insights

 

Costamare CMRE reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Costamare beat estimated earnings by 10.47%, reporting an EPS of $0.95 versus an estimate of $0.86.

Revenue was up $124.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.29% drop in the share price the next day.

Here's a look at Costamare's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.82 0.96 0.69 0.54
EPS Actual 0.84 0.91 0.66 0.47
Revenue Estimate 277.46M 261.78M 216.94M 159.00M
Revenue Actual 268.01M 283.92M 216.23M 166.77M

To track all earnings releases for Costamare visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews