Earnings Summary

Costamare Inc.’s revenue jumped 86.43% since last year same period to $494.85Mn in the Q4 2023. On a quarterly growth basis, Costamare Inc. has generated 23.6% jump in its revenue since last 3-months.

Costamare Inc.’s net profit fell -46.33% since last year same period to $104.35Mn in the Q4 2023. On a quarterly growth basis, Costamare Inc. has generated 70.68% jump in its net profits since last 3-months.

Costamare Inc.’s net profit margin fell -71.21% since last year same period to 21.09% in the Q4 2023. On a quarterly growth basis, Costamare Inc. has generated 38.09% jump in its net profit margins since last 3-months.

Costamare Inc.’s price-to-earnings ratio after this Q4 2023 earnings stands at 3.85.

Costamare Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.63 - a -2.75% fall from last quarter’s estimates.

Costamare Inc.’s earning per share (EPS) estimates for the current year stand at 0.63.

Costamare Inc.’s earning per share (EPS) jumped 11.48% since last year same period to 0.68 in the Q4 2023. This indicates that the Costamare Inc. has generated 11.48% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Costamare Inc.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Costamare Inc.’s return on equity (ROE) stands at 0.17.

Costamare Inc. declared 0.12 dividend per share during the earnings announcement for Q4 2023.