Costamare (CMRE) Misses Q3 EPS by 3c

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Costamare Inc. Reports Results for the Third Quarter and the Nine-Month Period Ended September 30, 2021

October 27, 2021 6:42 AM EDT

MONACO, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the third quarter (Q3 2021) and nine-months ended September 30, 2021.

I. PROFITABILITY

Q3 2021 Net Income available to common stockholders of $107.4 million compared to $17.4 million in Q3 2020.Q3 2021 Earnings per Share of $0.87 compared to $0.14 in Q3 2020.Q3 2021 Adjusted Net Income available to common stockholders(1) of $81.5 million... More