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Costamare reports fourth-quarter earnings

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Costamare reports fourth-quarter earnings

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Costamare on Tuesday, January 28, reported fourth-quarter earnings of $35.9 million, as reported by Zacks Investment Research.

The Monaco-based company said it had profits of 24 cents per share. Earnings, adjusted for non-recurring costs, came to 32 cents per share. The shipping company posted revenue of $124.5 million in the period.

For the year, the company reported profit of $99 million, or 59 cents per share. Revenue was reported as $478.1 million.

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