Company Overview - Costamare Inc. is a leading owner and provider of containerships and dry bulk vessels for charter, with 51 years of history in the international shipping industry [5] - The company operates a fleet of 68 containerships with a total capacity of approximately 513,000 TEU and 39 owned dry bulk vessels with a total capacity of approximately 3,054,000 DWT [5] - Costamare also has a dry bulk operating platform that charters in/out dry bulk vessels and engages in various shipping contracts and financing solutions [5] Upcoming Financial Results - Costamare Inc. will release its fourth-quarter results for the period ended December 31, 2024, before the market opens on February 5, 2025 [1] - A conference call to discuss the financial results will take place on February 5, 2025, at 8:30 a.m. ET [2] - Participants are encouraged to dial in 10 minutes prior to the call using designated numbers for the US, UK, and international callers [2] Webcast and Replay Information - A live webcast of the conference call will be available on the Costamare Inc. website, and participants should register approximately 10 minutes before the start [4] - A replay of the conference call will be accessible until February 12, 2025, with specific numbers provided for US and international listeners [3]

Wall Street expects a year-over-year decline in earnings on higher revenues when Costamare (CMRE) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may mo ...

Costamare (CMRE) closed the most recent trading day at $12.07, moving +0.25% from the previous trading session. This move lagged the S&P 500's daily gain of 0.61%. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.28%.Coming into today, shares of the shipping company had lost 6.81% in the past month. In that same time, the Transportation sector gained 4.09%, while the S&P 500 gained 2.08%.Analysts and investors alike will be keeping a close eye on the performance of Cos ...

In the latest market close, Costamare (CMRE) reached $12.77, with a +0.79% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.12%. On the other hand, the Dow registered a gain of 0.52%, and the technology-centric Nasdaq decreased by 0.23%.Prior to today's trading, shares of the shipping company had lost 0.16% over the past month. This has was narrower than the Transportation sector's loss of 3.98% and the S&P 500's loss of 3.45% in that time.The investm ...

Costamare (CMRE) ended the recent trading session at $12.60, demonstrating a -0.08% swing from the preceding day's closing price. This change lagged the S&P 500's 0.16% gain on the day. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq decreased by 0.06%.Prior to today's trading, shares of the shipping company had lost 5.54% over the past month. This has was narrower than the Transportation sector's loss of 5.66% and lagged the S&P 500's loss of 2.8% in that time.Inves ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Costamare (CMRE) . This company, which is in the Zacks Transportation - Shipping industry, shows potential for another earnings beat.This shipping company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarter ...

Costamare (CMRE) closed the latest trading day at $12.42, indicating a -0.72% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.09%. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, lost 0.1%.Shares of the shipping company have depreciated by 13.37% over the course of the past month, underperforming the Transportation sector's loss of 6.03% and the S&P 500's loss of 0.29%.Market participants will be closely following the financial re ...

The Zacks Transportation - Shipping industry is suffering from headwinds like high expenses and lingering supply-chain disruptions. Geopolitical and environmental woes represent further challenges.Despite the uncertainty concerning demand, the industry demonstrates resilience, especially for companies prioritizing growth and operational efficiency. Among the companies in the industry that will probably survive the challenges are Viking Holdings Limited (VIK) , ZIM Integrated Shipping Services Ltd. (ZIM) , C ...

1 | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-----------------------------------|------------------------------------| | (Expressed in thousands of U.S. dollars) | | December 31, 2023 (Audited) | September 30, 2024 (Unaudited) | | ASSETS | | | | | CURRENT ASSETS: | | | | | Cash and cash equivalents (Note 1) Restricted cash (Note 1) | | $ 745,544 10,645 | $ 798,75 ...

Costamare Inc. (NYSE:CMRE) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Omar Nokta - Jefferies Clement Mullins - Value Investors Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Third Quarter 2024 Financial Results. We have with us today Mr. Gregory Zikos, Chief Financial Officer of the company. At this time, all participants are in a listen-only mode. ...