Costamare Inc. Profit Rises In Q3

Costamare Inc. (CMRE) revealed earnings for its third quarter that increased from last year

The company's earnings came in at $75.463 million, or $0.63 per share. This compares with $53.287 million, or $0.45 per share, in last year's third quarter.

Excluding items, Costamare Inc. reported adjusted earnings of $80.722 million or $0.68 per share for the period.

The company's revenue for the quarter rose 35.5% to $538.392 million from $397.256 million last year.

Costamare Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $75.463 Mln. vs. $53.287 Mln. last year.
-EPS (Q3): $0.63 vs. $0.45 last year.
-Revenue (Q3): $538.392 Mln vs. $397.256 Mln last year.

by RTTNews Staff Writer

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