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Costamare Q2 2023 Earnings Report

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$9.94 -0.09 (-0.85%)
As of 03/28/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Costamare EPS Results

Actual EPS
$0.56
Consensus EPS
$0.50
Beat/Miss
Beat by +$0.06
One Year Ago EPS
N/A

Costamare Revenue Results

Actual Revenue
$367.42 million
Expected Revenue
$256.53 million
Beat/Miss
Beat by +$110.89 million
YoY Revenue Growth
N/A

Costamare Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Costamare Earnings Headlines

The unusual signal flashing green again
Something fascinating happened in April... While a lot of Wall Street institutions were opening new positions in a falling stock, something different showed up on my screen. A special set of candles had just turned green - signaling the kind of momentum surge I'd seen only a handful of times before. What happened next? The stock soared 45% on the underlying stock in just a few weeks and 227% for anyone who traded the options. Naturally, there would have been smaller wins and those that would not have worked out, but this wasn't some penny stock or crypto play… It was ARM Holdings - a major semiconductor player that had just shed 9% of its value.
Costamare to Spin Off Dry-Bulk Business
Costamare announces spin-off of dry bulk business
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About Costamare

Costamare (NYSE:CMRE) owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco.

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