Costamare Stock Falls After Missing Q3 Estimates

12:03pm, Wednesday, 27'th Oct 2021
Costamare Inc (NYSE: CMRE) reported third-quarter Voyage revenue growth of 100.4% year-over-year to $216.23 million, marginally missing the consensus of $216.94 million. Adjusted EPS improved to $0
Costamare Inc. (CMRE) on Q3 2021 Results - Earnings Call Transcript
Costamare (CMRE) delivered earnings and revenue surprises of -13.16% and -5.41%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Is (CMRE) Outperforming Other Transportation Stocks This Year?
Higher voyage revenues are likely to have aided Costamare's (CMRE) Q3 performance.
Costamare (CMRE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Earnings Release: Wednesday, October 27, 2021, Before Market Opens Conference Call and Webcast: Wednesday, October 27, 2021, at 8:30 a.m. ET
Costamare (CMRE) closed at $14.39 in the latest trading session, marking a -0.21% move from the prior day.
Costamare (CMRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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MONACO, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual P
MONACO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced the electi
Is (CMRE) Outperforming Other Transportation Stocks This Year?
Costamare's (CMRE) ability to reward its shareholders through dividend payments even in these turbulent times is commendable.
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