Costamare (CMRE) Tops Q4 EPS by 2c, Revenues Beat
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Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2020
February 1, 2021 4:43 PM ESTMONACO, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (Q4 2020) and year ended December 31, 2020.
I. PROFITABILITY
Q4 2020 Adjusted Net Income available to common stockholders(1) of $32.7 million.Q4 2020 Adjusted Earnings per Share(1) of $0.27.Full year 2020 Adjusted Net Income available to common stockholders(1) of $123.7 million.Full year 2020 Adjusted Earnings per Share(1) of $1.02.II. MARKET DEVELOPMENTS
20 new vessel charters since last quarter including the chartering of four 11,000 TEU capacity... More