Costamare Shares Rise as Q3 Adjusted Earnings, Revenue Beat Estimates

09:41 AM EDT, 10/28/2026 (MT Newswires) -- Costamare (CMRE) shares were up more than 3% in Wednesday trading after the company posted better-than-expected Q3 results. The transportation company reported Q3 adjusted earnings from continuing operations earlier Wednesday of $0.74 per diluted share, down from $0.81 a year earlier. Two analysts surveyed by FactSet expected $0.72. Revenue for the quarter ended Sept. 30 was $220.4 million, down from $225.2 million a year earlier. Two analysts polled by FactSet expected $208.1 million. Price: 14.90, Change: +0.52, Percent Change: +3.62