CMRE / Costamare: There Will Be Pain, But Much More Gain

Earnings Release: Wednesday, November 1, 2023, Before Market Opens Conference Call and Webcast: Wednesday, November 1, 2023, at 8:30 a.m. ET more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Costamare missed analysts' consensus expectations for Q2 earnings Friday morning -- but beat big on sales. Revenue came in as much as 43% better than more_horizontal

Costamare (CMRE) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnin more_horizontal

Earnings Release: Friday, July 28, 2023, Before Market Opens Conference Call and Webcast: Friday, July 28, 2023, at 8:30 a.m. ET more_horizontal

In late May, shares of Greece-based Capesize pure play Seanergy Maritime Holdings sold off to new all-time lows after the company reported seasonally more_horizontal

Although you generally get what you pay for, in a few cases, it's possible to acquire diamonds in the rough via the best affordable stocks to buy. Num more_horizontal

Two years ago, container ship operator Costamare decided to try its hand at the dry bulk shipping business. Last year, it chose to deepen its ties to more_horizontal