Costamare Q4 Earnings Beat Expectations with $0.60 EPS
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 22 hours ago
0mins
Should l Buy CMRE?
Source: seekingalpha
- Earnings Beat: Costamare reported a Q4 non-GAAP EPS of $0.60, exceeding expectations by $0.06, indicating the company's stable profitability despite a decline in overall revenue.
- Revenue Decline: The company posted revenues of $211.9 million, down 5.4% year-over-year, yet still surpassed expectations by $24.9 million, demonstrating Costamare's ability to maintain strong revenue performance in a challenging market environment.
- Lack of Shareholder Rewards: Despite the earnings beat, concerns arise regarding Costamare's ability to reward shareholders, with analysts suggesting that the absence of shareholder returns could lead to a 30% drop in stock price, reflecting investor caution about future returns.
- Market Rating Analysis: Seeking Alpha's quant rating highlights Costamare's historical earnings data and dividend scorecard, further emphasizing the challenges and opportunities the company faces in the current market, prompting investors to carefully assess its investment value.
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Analyst Views on CMRE
About CMRE
Costamare Inc is a Monaco-based company that provides containerships and dry bulk vessels for charter. The Company is an international shipping industry that offers a fleet of 73 containerships, with a total capacity of approximately 537,000 TEU (including two vessels that have agreed to sell) and 45 dry bulk vessels with a total capacity of approximately 2,436,000 DWT. Its offers containerships of various sizes (including feeder, panamax and post-panamax containerships) serve short, medium, and long-haul routes on a variety of geographical trades. Its dry bulk vessels transport a broad range of bulks such as iron ore, coal, and grains as well as minor bulks such as bauxite, phosphate fertilizers and steel products. The Company serve its customer's needs worldwide and ensure the safety, reliability, and environmental responsibility of services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Costamare Reports Strong Q4 Earnings, Secures $940M in New Contracts
- Strong Earnings Performance: Costamare reported Q4 adjusted earnings and revenues that exceeded analyst expectations, with shares rising 0.3% on Wednesday to a high of $17.52, poised for its best close since August 2014.
- Surge in Contracted Revenues: The company secured approximately $940 million in new contracted revenues by fixing 12 vessels for periods up to eight years, boosting fleet employment to 96% for 2026 and 92% for 2027, significantly enhancing revenue predictability.
- Growing Revenue Backlog: As of mid-February, Costamare's contracted revenue backlog totals around $3.4 billion, with a TEU-weighted remaining duration of 4.5 years, indicating a stable cash inflow for the coming years.
- Fleet Renewal Initiative: The company is advancing its fleet renewal with a newbuilding program for six 3,100 TEU containerships at Zhoushan Changhong shipyard, scheduled for delivery in 2027-28, fully backed by eight-year time charters to a leading liner operator.
See More
Costamare Q4 Earnings Beat Expectations with $0.60 EPS
- Earnings Beat: Costamare reported a Q4 non-GAAP EPS of $0.60, exceeding expectations by $0.06, indicating the company's stable profitability despite a decline in overall revenue.
- Revenue Decline: The company posted revenues of $211.9 million, down 5.4% year-over-year, yet still surpassed expectations by $24.9 million, demonstrating Costamare's ability to maintain strong revenue performance in a challenging market environment.
- Lack of Shareholder Rewards: Despite the earnings beat, concerns arise regarding Costamare's ability to reward shareholders, with analysts suggesting that the absence of shareholder returns could lead to a 30% drop in stock price, reflecting investor caution about future returns.
- Market Rating Analysis: Seeking Alpha's quant rating highlights Costamare's historical earnings data and dividend scorecard, further emphasizing the challenges and opportunities the company faces in the current market, prompting investors to carefully assess its investment value.
See More
Costamare Reports $371 Million Net Income for 2025 Amid Spin-Off
- Strong Financial Performance: Costamare reported a net income of $371 million ($3.09 per share) for 2025, reflecting stability and profitability post the spin-off of its dry bulk business, despite a slight decline from 2024.
- Robust Liquidity: As of December 31, 2025, Costamare's liquidity stood at $589.6 million, ensuring financial flexibility for future investments and operations, supporting its ongoing growth strategy.
- New Contracts Signed: The company secured 12 new charters over the next three years, expected to generate approximately $940 million in incremental contracted revenues, further solidifying its position in the container shipping market with fleet utilization rates of 96% and 92% for 2026 and 2027, respectively.
- Dividend Distribution: Costamare declared a dividend of $0.115 per share on January 2, 2026, paid on February 5, demonstrating its commitment to shareholder returns and enhancing investor confidence.
See More
Costamare to Announce Q4 Earnings on February 18
- Earnings Announcement Date: Costamare is set to release its Q4 2023 earnings report on February 18 before market open, with a consensus EPS estimate of $0.74, reflecting a 7.2% year-over-year increase, indicating stable profitability.
- Revenue Expectations Decline: The anticipated revenue for Q4 is $204 million, representing a significant 54% year-over-year decrease, highlighting challenges the company faces in the current market environment, which may affect investor confidence.
- Historical Performance: Over the past two years, Costamare has exceeded EPS estimates 100% of the time and revenue estimates 88% of the time, demonstrating reliability in earnings forecasts, despite the current unfavorable revenue outlook.
- Market Reaction Analysis: Despite strong historical performance, the market remains cautious about Costamare's future, with analysts suggesting that the stock could drop by 30% due to a lack of shareholder rewards, potentially influencing investor decisions.
See More
Costamare to Release Q4 2025 Earnings on February 18, 2026
- Earnings Release Schedule: Costamare Inc. will announce its Q4 2025 earnings before the market opens on February 18, 2026, which is expected to influence investor decisions significantly.
- Conference Call Details: The management team will hold a conference call at 8:30 AM ET on the same day to discuss financial results, with participants required to dial in 10 minutes early to ensure timely information dissemination.
- Live Webcast: The call will also be available via live webcast on Costamare's website, with participants needing to register in advance, enhancing transparency and investor engagement.
- Company Background: Costamare Inc. operates a fleet of 69 containerships with a total capacity of approximately 520,000 TEU and has six newbuilds under construction, showcasing its strong position and capabilities in the international shipping industry.
See More
Mid-to-Low Cap Industrial Stocks Earn A+ EPS Ratings, Attracting Investor Attention
- EPS Rating Upgrade: Several mid-to-low cap industrial stocks, including Arcosa (ACA) and Archer Aviation (ACHR), have received the highest A+ EPS revision rating from analysts, indicating increased confidence in their profitability outlook, which may attract more investor interest.
- Strong Earnings Momentum: These companies have shown exceptional performance in recent earnings estimate revisions, suggesting improving fundamentals, particularly for AAR Corp (AIR) and Atmus Filtration Technologies (ATMU), which are expected to benefit from market focus on their growth potential.
- Optimistic Industry Outlook: According to FIDU's 2026 outlook for the industrial sector, the overall industry is viewed positively with further upside anticipated, providing investors with attractive investment opportunities.
- Market Focus Shift: As the earnings season kicks off, investor attention on these A+ rated industrial stocks is likely to increase, potentially driving their stock prices higher and influencing overall market sentiment.
See More
Costamare Reports Strong Q4 Earnings, Secures $940M in New Contracts
- Strong Earnings Performance: Costamare reported Q4 adjusted earnings and revenues that exceeded analyst expectations, with shares rising 0.3% on Wednesday to a high of $17.52, poised for its best close since August 2014.
- Surge in Contracted Revenues: The company secured approximately $940 million in new contracted revenues by fixing 12 vessels for periods up to eight years, boosting fleet employment to 96% for 2026 and 92% for 2027, significantly enhancing revenue predictability.
- Growing Revenue Backlog: As of mid-February, Costamare's contracted revenue backlog totals around $3.4 billion, with a TEU-weighted remaining duration of 4.5 years, indicating a stable cash inflow for the coming years.
- Fleet Renewal Initiative: The company is advancing its fleet renewal with a newbuilding program for six 3,100 TEU containerships at Zhoushan Changhong shipyard, scheduled for delivery in 2027-28, fully backed by eight-year time charters to a leading liner operator.
See More
Costamare Q4 Earnings Beat Expectations with $0.60 EPS
- Earnings Beat: Costamare reported a Q4 non-GAAP EPS of $0.60, exceeding expectations by $0.06, indicating the company's stable profitability despite a decline in overall revenue.
- Revenue Decline: The company posted revenues of $211.9 million, down 5.4% year-over-year, yet still surpassed expectations by $24.9 million, demonstrating Costamare's ability to maintain strong revenue performance in a challenging market environment.
- Lack of Shareholder Rewards: Despite the earnings beat, concerns arise regarding Costamare's ability to reward shareholders, with analysts suggesting that the absence of shareholder returns could lead to a 30% drop in stock price, reflecting investor caution about future returns.
- Market Rating Analysis: Seeking Alpha's quant rating highlights Costamare's historical earnings data and dividend scorecard, further emphasizing the challenges and opportunities the company faces in the current market, prompting investors to carefully assess its investment value.
See More
Costamare Reports $371 Million Net Income for 2025 Amid Spin-Off
- Strong Financial Performance: Costamare reported a net income of $371 million ($3.09 per share) for 2025, reflecting stability and profitability post the spin-off of its dry bulk business, despite a slight decline from 2024.
- Robust Liquidity: As of December 31, 2025, Costamare's liquidity stood at $589.6 million, ensuring financial flexibility for future investments and operations, supporting its ongoing growth strategy.
- New Contracts Signed: The company secured 12 new charters over the next three years, expected to generate approximately $940 million in incremental contracted revenues, further solidifying its position in the container shipping market with fleet utilization rates of 96% and 92% for 2026 and 2027, respectively.
- Dividend Distribution: Costamare declared a dividend of $0.115 per share on January 2, 2026, paid on February 5, demonstrating its commitment to shareholder returns and enhancing investor confidence.
See More
Costamare to Announce Q4 Earnings on February 18
- Earnings Announcement Date: Costamare is set to release its Q4 2023 earnings report on February 18 before market open, with a consensus EPS estimate of $0.74, reflecting a 7.2% year-over-year increase, indicating stable profitability.
- Revenue Expectations Decline: The anticipated revenue for Q4 is $204 million, representing a significant 54% year-over-year decrease, highlighting challenges the company faces in the current market environment, which may affect investor confidence.
- Historical Performance: Over the past two years, Costamare has exceeded EPS estimates 100% of the time and revenue estimates 88% of the time, demonstrating reliability in earnings forecasts, despite the current unfavorable revenue outlook.
- Market Reaction Analysis: Despite strong historical performance, the market remains cautious about Costamare's future, with analysts suggesting that the stock could drop by 30% due to a lack of shareholder rewards, potentially influencing investor decisions.
See More
Costamare to Release Q4 2025 Earnings on February 18, 2026
- Earnings Release Schedule: Costamare Inc. will announce its Q4 2025 earnings before the market opens on February 18, 2026, which is expected to influence investor decisions significantly.
- Conference Call Details: The management team will hold a conference call at 8:30 AM ET on the same day to discuss financial results, with participants required to dial in 10 minutes early to ensure timely information dissemination.
- Live Webcast: The call will also be available via live webcast on Costamare's website, with participants needing to register in advance, enhancing transparency and investor engagement.
- Company Background: Costamare Inc. operates a fleet of 69 containerships with a total capacity of approximately 520,000 TEU and has six newbuilds under construction, showcasing its strong position and capabilities in the international shipping industry.
See More
Mid-to-Low Cap Industrial Stocks Earn A+ EPS Ratings, Attracting Investor Attention
- EPS Rating Upgrade: Several mid-to-low cap industrial stocks, including Arcosa (ACA) and Archer Aviation (ACHR), have received the highest A+ EPS revision rating from analysts, indicating increased confidence in their profitability outlook, which may attract more investor interest.
- Strong Earnings Momentum: These companies have shown exceptional performance in recent earnings estimate revisions, suggesting improving fundamentals, particularly for AAR Corp (AIR) and Atmus Filtration Technologies (ATMU), which are expected to benefit from market focus on their growth potential.
- Optimistic Industry Outlook: According to FIDU's 2026 outlook for the industrial sector, the overall industry is viewed positively with further upside anticipated, providing investors with attractive investment opportunities.
- Market Focus Shift: As the earnings season kicks off, investor attention on these A+ rated industrial stocks is likely to increase, potentially driving their stock prices higher and influencing overall market sentiment.
See More
