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Costamare: 2Q Earnings Snapshot

MONACO (AP) _ Costamare Inc. (CMRE) on Wednesday reported second-quarter earnings of $28.8 million.

On a per-share basis, the company said it had net income of 18 cents. Earnings, adjusted for non-recurring costs and amortization costs, came to 23 cents per share.

The shipping company posted revenue of $117 million in the period.

Costamare shares have risen 33% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.82, a fall of 18% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMRE at https://www.zacks.com/ap/CMRE