Costamare (CMRE) Misses Q4 EPS, Revenue Beats
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Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2022
February 8, 2023 6:34 AM ESTMONACO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (Q4 2022) and year ended December 31, 2022.
I.   RECORD PROFITABILITY FOR YEAR ENDED 2022
2022 Net Income available to common stockholders of $523.9 million ($4.26 per share) vs $404.1 million ($3.28 per share) in 2021.2022 Adjusted Net Income available to common stockholders1 of $405.3 million ($3.30 per share) vs $289.9 million ($2.36 per share) in 2021.Q4 2022 Net Income available to common stockholders of $186.7 million ($1.53 per share) vs $153.4 million... More