Strength Seen in Costamare (CMRE): Can Its 5.6% Jump Turn into More Strength?

Costamare (CMRE) shares soared 5.6% in the last trading session to close at $16.35. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.1% gain over the past four weeks. This shipping company is expected to post quarterly earnings of $0.77 per share in its upcoming report, which represents a year-over-year change of +37.5%. Revenues are expected to be $368.67 million, up 0.3% from the year-ago quarter. While earnings and revenue gr ...