Business Context and Reporting Period
This Form 6-K filing by Costamare Inc. (NYSE: CMRE), a leading owner and provider of containerships for charter, was submitted on November 17, 2010. The filing serves as a notice regarding the upcoming release of financial results for the third quarter ended September 30, 2010. The company operates a fleet of 42 containerships with a total capacity of 215,233 TEU.
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 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, as it does not contain comparative financial data.
Guidance, Outlook, and Management Commentary
- Earnings Release Date: Tuesday, November 23, 2010, before the market opens in New York.
- Conference Call: Scheduled for Tuesday, November 23, 2010, at 8:30 a.m. EST.
- Forward-Looking Statements: The filing includes a standard disclaimer that statements regarding future results are based on current beliefs and are subject to inherent uncertainties and risks.
- Risk Factors: Investors are directed to the company's Registration Statement on Form F-1 for a discussion of risks that could cause actual results to differ materially from anticipated results.
Important Facts for Investor Verification
- Verify the actual financial results for Q3 2010 when released on November 23, 2010.
- Confirm the fleet status and charter rates during the Q3 2010 period via the upcoming earnings call.
- Review the Form F-1 Registration Statement for detailed risk factors affecting the shipping industry.
- Note that this filing contains no quantitative financial data.