Costamare Inc (STU:LCM)
ā‚¬ 13.48 0.04 (0.3%) Market Cap: 1.59 Bil Enterprise Value: 3.16 Bil PE Ratio: 5.62 PB Ratio: 0.70 GF Score: 89/100
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Q3 2019 Costamare Inc Earnings Call Transcript

Oct 24, 2019 / 12:30PM GMT
Release Date Price: ā‚¬6.2 (-2.36%)
Operator

Thank you for standing by, ladies and gentlemen. And welcome to the Costamare Inc. Conference Call on the Third Quarter 2019 Financial Results. We have with us Mr. Gregory Zikos, Chief Financial Officer of the company.

(Operator Instructions)

I must advise you that this conference is being recorded today, Thursday, October 24, 2019.

We would like to remind you that this conference call contains forward-looking statements. Please take a moment to read Slide #2 of the presentation which contains the forward-looking statements.

And I will now pass the floor to your speaker today, Mr. Zikos. Please go ahead, sir.

Gregory G. Zikos
Costamare Inc. - CFO & Director

Thank you, and good morning, ladies and gentlemen.

During the third quarter of the year, the company delivered profitable results. As was the case in the previous quarter, net income and earnings per share more than doubled, boosted by increased charter rates and the addition of new ships.

Charter rates for the larger containerships continue to

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