Business Context and Reporting Period
This Form 6-K filing by Costamare Inc. (NYSE: CMRE), dated May 17, 2011, serves as a notice to set the schedule for the release of financial results for the first quarter ended March 31, 2011. Costamare is a leading owner and provider of containerships for charter, operating a fleet of 58 vessels with a total capacity of approximately 320,000 TEU, including 10 newbuilds on order.
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 regarding the timing of 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. The document contains no comparative data against prior periods.
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. No specific guidance or management commentary on future performance is provided in this text.
Investor Verification Checklist
- Verify the scheduled earnings release date: Monday, May 23, 2011, after market close.
- Confirm the conference call details: Tuesday, May 24, 2011, at 8:30 a.m. EDT.
- Review the upcoming Q1 2011 earnings release for actual financial metrics once published.
- Consult the Form 20-F Annual Report for detailed risk factors and historical financial data.