Costamare: Q2 Earnings Insights

Costamare (NYSE: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.

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.

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.