Costamare (CMRE) Tops Q2 EPS by 2c, Revenues Miss
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Costamare Inc. Reports Results for the Second Quarter and Six-Months Ended June 30, 2018
July 24, 2018 4:25 PM EDTMONACO, July 24, 2018 (GLOBE NEWSWIRE) -- Costamare Inc. (Costamare or the Company) (NYSE: CMRE) today reported unaudited financial results for the second quarter and six-months ended June 30, 2018.
Adjusted Net Income available to common stockholders of $10.5 million or $0.10 per share and $23.8 million or $0.22 per share for the three-months and the six-months ended June 30, 2018, respectively.Ordered five newbuild containerships from Jiangsu Yangzijiang Shipbuilding Group, each of approximately 12,690 TEU capacity. Upon their delivery, which is expected between the second quarter of 2020 and the... More