06:19 AM EST, 02/05/2025 (MT Newswires) -- Costamare ( CMRE ) reported Q4 adjusted earnings Wednesday of $0.69 per share, up from $0.68 a year earlier.

Analysts polled by FactSet expected $0.65.

Revenue for the quarter ended Dec. 31 was $548.4 million, up from $494.8 million a year earlier.

Two analysts surveyed by FactSet expected $327.3 million.

Shares of the shipping company were up more than 2% in Wednesday's premarket activity.