Costamare (NYSE:CMRE) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Costamare beat estimated earnings by 2.44%, reporting an EPS of $0.84 versus an estimate of $0.82.
Revenue was up $141.28 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 6.29% increase in the share price the next day.
Here's a look at Costamare's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.96 | 0.69 | 0.54 | 0.30 |
| EPS Actual | 0.91 | 0.66 | 0.47 | 0.31 |
| Revenue Estimate | 261.78M | 216.94M | 159.00M | 124.77M |
| Revenue Actual | 283.92M | 216.23M | 166.77M | 126.72M |
To track all earnings releases for Costamare visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
