Costamare Inc. Reports Results for the Second Quarter and the Six-Month Period Ended June 30, 2020

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Costamare (CMRE) Tops Q2 EPS by 5c

July 27, 2020 4:36 PM EDT

Costamare (NYSE: CMRE) reported Q2 EPS of $0.26, $0.05 better than the analyst estimate of $0.21. Revenue for the quarter came in at $118.94 million versus the consensus estimate of $120.41 million.

Liquidity of $220.7 million as of end Q2 2020 (including our share of cash amounting to $19.6 million held in subsidiaries co-owned with York Capital Management Global Advisors LLC and an affiliated fund (collectively, together with the funds it manages or advises, York)).Voyage Revenues of $111.9 million in Q2 2020.Delivery on... More