Costamare (CMRE) Tops Q2 EPS by 31c

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Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2022

July 28, 2022 6:50 AM EDT

MONACO, July 28, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the second quarter (Q2 2022) and six-months ended June 30, 2022.

I. RECORD PROFITABILITY IN A SECOND QUARTER SINCE NYSE LISTING

Q2 2022 Net Income available to common stockholders of $114.1 million ($0.92 per share) vs $82.8 million ($0.67 per share) in Q2 2021.Q2 2022 Adjusted Net Income available to common stockholders1 of $118.6 million ($0.95 per share) vs $58.3 million ($0.47 per share) in Q2... More