Costamare (CMRE) Misses Q1 EPS by 2c

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Go back to Costamare (CMRE) Misses Q1 EPS by 2c

Costamare Inc. Reports Results for the First Quarter Ended March 31, 2022

May 5, 2022 6:58 AM EDT

MONACO, May 05, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2022 (Q1 2022).

I. RECORD PROFITABILITY IN A FIRST QUARTER SINCE NYSE LISTING

Q1 2022 Net Income available to common stockholders of $115.4 million ($0.93 per share) vs $60.5 million ($0.49 per share) in Q1 2021.Q1 2022 Adjusted Net Income available to common stockholders1 of $104.5 million ($0.84 per share) vs $38.0 million ($0.31 per share) in Q1... More