Related topics

Costamare: 3Q Earnings Snapshot

October 23, 2019 GMT

MONACO (AP) _ Costamare Inc. (CMRE) on Wednesday reported third-quarter earnings of $36 million.

On a per-share basis, the company said it had net income of 24 cents. Earnings, adjusted for non-recurring costs, came to 26 cents per share.

The shipping company posted revenue of $123.6 million in the period.

Costamare shares have risen 67% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.31, a rise of 26% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMRE at https://www.zacks.com/ap/CMRE