Costamare (NYSE:CMRE) reported its Q3 earnings results on Wednesday, October 27, 2021 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Costamare missed their estimated earnings by 4.35%, reporting an EPS of $0.66 versus an estimate of $0.69, which did not surprise analysts.
Revenue was up $108,323,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07, which was followed by a 3.51% increase in the share price the next day.
Here’s a look at Costamare’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.54 | 0.30 | 0.25 | 0.22 |
| EPS Actual | 0.47 | 0.31 | 0.27 | 0.22 |
| Revenue Estimate | 159.00M | 124.77M | 120.87M | 115.29M |
| Revenue Actual | 166.77M | 126.72M | 119.14M | 107.90M |
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