Brace yourselves for the unveiling of Costamare's (NYSE: CMRE) third quarter financial results on Friday 1st November 2024. This eagerly awaited announcement will take place before market open.
the company is projected to announce an estimated per share $0.64 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $344.87 million for this period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.59 billion. Additionally, they are expecting the company to report profit of $2.8 per share for the fiscal year 2024.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.46. This significant amount was the outcome of the company's total revenue, which reached an impressive $397.26 million during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.77 | +37.5% | 477.48 M | +30.5% |
| Q1 2024 | $0.63 | +65.8% | 470.17 M | +89.0% |
| Q4 2023 | $0.68 | +11.5% | 494.85 M | +86.4% |
| Q3 2023 | $0.46 | -47.7% | 397.26 M | +37.2% |
| Q2 2023 | $0.56 | -41.1% | 365.94 M | +25.8% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 1st November 2024 at 08:30 AM eastern time, in a conference call with public.
Costamare (CMRE) experienced a trading range of $13.08 to $13.55, along with a total volume of 342.80 thousand shares during the day. The stock concluded Wednesday's regular trading session at $13.21, demonstrating decrease of 1.42 percent.
