Costamare Inc. will announce Q4 2024 earnings on February 5, 2025, followed by a conference call at 8:30 a.m. ET.
Quiver AI Summary
Costamare Inc. has announced that it will release its fourth-quarter financial results for the period ending December 31, 2024, on February 5, 2025, before the market opens in New York. The company's management will hold a conference call at 8:30 a.m. ET that day to discuss the results, with a live webcast available on their website. Participants are advised to call in 10 minutes early using provided dial-in numbers or to register for the webcast in advance. Costamare, a leader in the ownership and operation of containerships and dry bulk vessels, operates a fleet of 68 containerships and 39 dry bulk vessels, with a rich history in the shipping industry.
Potential Positives
- Costamare Inc. will provide its fourth quarter financial results on February 5, 2025, showcasing the company's commitment to transparency and communication with investors.
- The conference call and webcast allow for direct engagement with management, fostering investor relations and providing a platform for Q&A.
- Costamare Inc. has a substantial fleet, with 68 containerships and 39 dry bulk vessels, highlighting its significant presence in the shipping industry.
Potential Negatives
- Confirms that financial results will be released, indicating there may be concerns or uncertainties leading up to the results that necessitate a conference call.
- Includes a disclaimer about forward-looking statements, suggesting potential volatility or unexpected outcomes in future results that could negatively impact investor confidence.
- Does not provide any concrete information or highlights about positive performance or outlook, which may raise concerns about the company's financial health.
FAQ
When will Costamare Inc. release its earnings results?
Costamare Inc. will release its fourth quarter earnings results on February 5, 2025, before the market opens.
What time is the Costamare conference call scheduled?
The conference call to discuss financial results is scheduled for February 5, 2025, at 8:30 a.m. ET.
How can I join the Costamare earnings conference call?
To join the call, dial 1-844-887-9405 from the US, or +1-412-317-9258 from outside the US 10 minutes prior.
Will there be a replay of the Costamare conference call?
Yes, a replay of the conference call will be available until February 12, 2025, using the number +1-877-344-7529.
How can I access the live webcast of the conference call?
The live webcast can be accessed on Costamare Inc.'s website, and participants should register about 10 minutes before.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CMRE Hedge Fund Activity
We have seen 86 institutional investors add shares of $CMRE stock to their portfolio, and 78 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ACADIAN ASSET MANAGEMENT LLC added 1,128,777 shares (+76.8%) to their portfolio in Q3 2024, for an estimated $17,744,374
- VANGUARD GROUP INC added 386,095 shares (+80.4%) to their portfolio in Q3 2024, for an estimated $6,069,413
- FEDERATED HERMES, INC. added 337,568 shares (+84.1%) to their portfolio in Q3 2024, for an estimated $5,306,568
- GOLDMAN SACHS GROUP INC removed 304,990 shares (-49.1%) from their portfolio in Q3 2024, for an estimated $4,794,442
- AMERICAN CENTURY COMPANIES INC added 285,224 shares (+45.9%) to their portfolio in Q3 2024, for an estimated $4,483,721
- BLACKROCK, INC. added 265,392 shares (+10.5%) to their portfolio in Q3 2024, for an estimated $4,171,962
- ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. added 257,422 shares (+87.9%) to their portfolio in Q4 2024, for an estimated $3,307,872
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Earnings Release: Wednesday, February 5, 2025, Before Market Opens
Conference Call and Webcast: Wednesday, February 5, 2025, at 8:30 a.m. ET
MONACO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the fourth quarter ended December 31, 2024 before the market opens in New York on February 5, 2025.
Conference Call Details:
On Wednesday, February 5, 2025 at 8:30 a.m. ET, Costamare’s management team will hold a conference call to discuss the financial results.
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1-844-887-9405 (from the US), 0808-238-9064 (from the UK) or +1-412-317-9258 (from outside the US). Please quote "Costamare".
A replay of the conference call will be available until February 12, 2025. The United States replay number is +1-877-344-7529; the standard international replay number is +1-412-317-0088; and the access code required for the replay is: 6127066.
Live Webcast:
There will also be a simultaneous live webcast over the Internet, through the Costamare Inc. website (www.costamare.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
About Costamare Inc.
Costamare Inc. is one of the world’s leading owners and providers of containerships and dry bulk vessels for charter. The Company has 51 years of history in the international shipping industry and a fleet of 68 containerships, with a total capacity of approximately 513,000 TEU and 39 owned dry bulk vessels with a total capacity of approximately 3,054,000 DWT (including three vessels we have agreed to acquire and one vessel we have agreed to sell). The Company also has a dry bulk operating platform which charters in/out dry bulk vessels, enters into contracts of affreightment, forward freight agreements and may also utilize hedging solutions. The Company participates in a leasing business that provides financing to third-party owners. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C” and “CMRE PR D”, respectively.
Forward-Looking Statements
This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could” and “expect” and similar expressions. These statements are not historical facts but instead represent only the Company’s beliefs regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934).
Company Contacts:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development, Investor Relations
Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: [email protected]
