Business Context and Reporting Period
This Form 6-K filing by Costamare Inc. (NYSE: CMRE), dated October 13, 2011, serves as an announcement regarding the schedule for the release of financial results for the third quarter and nine months ended September 30, 2011. Costamare is a leading owner and provider of containerships for charter, operating a fleet of 61 vessels with a total capacity of approximately 337,000 TEU, including 10 newbuilds on order and two secondhand vessels pending delivery.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural announcement setting the date for the upcoming earnings release rather than a financial report containing performance data.
Material Changes
No material changes to financial performance or operations are reported in this filing. The document solely communicates the timing of future disclosures.
Guidance, Outlook, and Risks
The filing includes a standard forward-looking statement disclaimer, noting that actual results may differ materially from anticipated results due to inherent uncertainties. It directs investors to the "Risk Factors" section of the Annual Report on Form 20-F for a discussion of risks and important factors affecting future results. No specific guidance or management commentary on market conditions is provided in this text.
Investor Verification Checklist
- Verify the scheduled earnings release date: Wednesday, October 26, 2011, after market close.
- Confirm the conference call details: Thursday, October 27, 2011, at 8:30 a.m. EDT.
- Review the upcoming Q3 2011 results for actual revenue, profit, and fleet utilization metrics once released.
- Check the Form 20-F for detailed risk factors referenced in the forward-looking statement.