Costamare Inc. Sets the Date for Its Second Quarter 2020 Results Release, Conference Call and Webcast

Rhea-AI Summary

Costamare Inc. (NYSE: CMRE) will release its second-quarter earnings on July 27, 2020, after market close. A conference call to discuss the results is scheduled for July 28, 2020, at 8:30 a.m. ET. Participants can dial in 10 minutes before the call or join a live webcast via the company’s website. Costamare operates a fleet of 75 containerships with a total capacity of approximately 547,000 TEU, including five newbuilds currently under construction. The press release highlights the company’s 46-year history in the shipping industry.

Positive

• Scheduled earnings release could indicate potential for positive market reaction.
• Strong fleet capacity of 547,000 TEU suggests good operational scale.

Negative

• None.

Earnings Release: Monday, July 27, 2020, After Market Close 
Conference Call and Webcast: Tuesday, July 28, 2020, at 8:30 a.m. ET

MONACO, July 23, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the second quarter ended June 30, 2020 after the market closes in New York on Monday, July 27, 2020.

Conference Call Details:

On Tuesday, July 28, 2020 at 8:30 a.m. ET, Costamare’s management team will hold a conference call to discuss the financial results.

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1-844-887-9405 (from the US), 0808-238-9064 (from the UK) or +1-412-317-9258 (from outside the US). Please quote "Costamare".

A replay of the conference call will be available until August 4, 2020. The United States replay number is +1-877-344-7529; the standard international replay number is +1-412-317-0088; and the access code required for the replay is: 10146002.

Live Webcast:

There will also be a simultaneous live webcast over the Internet, through the Costamare Inc. website (www.costamare.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

About Costamare Inc.
Costamare Inc. is one of the world's leading owners and providers of containerships for charter. The Company has 46 years of history in the international shipping industry and a fleet of 75 containerships, with a total capacity of approximately 547,000 TEU, including five newbuild containerships currently under construction. Ten of our containerships, have been acquired pursuant to the Framework Deed with York Capital Management by vessel-owning joint venture entities in which we hold a minority equity interest. The Company's common stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C”, “CMRE PR D” and “CMRE PR E”, respectively.

Forward-Looking Statements
This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could” and “expect” and similar expressions. These statements are not historical facts but instead represent only the Company’s belief regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934) under the caption “Risk Factors” and the Company’s Results for the First Quarter ended March 31, 2020 on Form 6-K (filed on May 11, 2020 with the SEC) under the caption “Risk Factor Update”.

Company Contacts:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development, Investor Relations

Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com

FAQ

When will Costamare's Q2 earnings be released?

Costamare will release its Q2 earnings on July 27, 2020, after market close.

What time is the Costamare earnings conference call?

The conference call is scheduled for July 28, 2020, at 8:30 a.m. ET.

How many containerships does Costamare own?

Costamare owns a fleet of 75 containerships.

What is the total capacity of Costamare's fleet?

The total capacity of Costamare's fleet is approximately 547,000 TEU.

Where can I find the live webcast for Costamare's earnings call?

The live webcast can be found on Costamare’s official website.