Costamare Q3 2024 Adj EPS $0.68 Beats $0.64 Estimate
Portfolio Pulse from Benzinga Newsdesk
Costamare (NYSE:CMRE) reported Q3 2024 earnings of $0.68 per share, surpassing the analyst estimate of $0.64 and marking a 47.83% increase from the previous year.
November 01, 2024 | 11:08 am
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POSITIVE IMPACT
Costamare's Q3 2024 earnings per share of $0.68 exceeded expectations, beating the analyst estimate of $0.64 and showing significant growth from last year's $0.46.
Costamare's earnings beat indicates strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term. The significant year-over-year growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100