Costamare: Q3 Earnings Insights

Costamare: Q3 Earnings Insights

Costamare CMRE reported its Q3 earnings results on Wednesday, November 2, 2022 at 06:38 AM.

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

Earnings

Costamare beat estimated earnings by 1.15%, reporting an EPS of $0.88 versus an estimate of $0.87.

Revenue was up $73.27 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 1.68% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.86 0.82 0.96 0.69
EPS Actual 0.95 0.84 0.91 0.66
Revenue Estimate 299.70M 277.46M 261.78M 216.94M
Revenue Actual 290.93M 268.01M 283.92M 216.23M

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-RecapsEarnings