Costamare Inc (NYSE:CMRE)
$ 13.02 -0.48 (-3.56%) Market Cap: 1.56 Bil Enterprise Value: 3.28 Bil PE Ratio: 4.33 PB Ratio: 0.63 GF Score: 91/100
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Q1 2019 Costamare Inc Earnings Call Transcript

Apr 23, 2019 / 12:30PM GMT
Release Date Price: $5.9 (+4.80%)
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the First 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, Tuesday, April 23, 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 would 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 first quarter of the year, the company delivered solid results. Larger vessels continue to benefit from strong fundamentals with low supply and strong demand. The number of idle ships has fallen across all vessel segments as liner companies launch new services. We have been active during the quarter and we have chartered in total 10

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