Chimera Investment Corp expected to post earnings of 16  cents a share - Earnings Preview

Chimera Investment

02/05/2023 19:33

* Chimera Investment Corp  CIM.N   CIM  is expected to show
a fall
in quarterly revenue when it reports  results on May 4. 
    * The New York City-based  company is expected to report  a
40.7% decrease in revenue to $81.59 million from $137.7 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chimera Investment
Corp
is for earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Chimera
Investment Corp is $6.5​, above​ its last closing price
of $5.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.21        0.23       0.11      Missed  -52.1
 Sep. 30 2022  0.25        0.28       0.27      Missed  -2.8
 Jun. 30 2022  0.36        0.33       0.31      Missed  -5.1​
 Mar. 31 2022  0.37        0.37       0.39      Beat    5.8
 ​​Dec.        0.39        0.38       0.46      Beat    20
 31 2021                                                
 Sep. 30 2021  0.37        0.36       0.42      Beat    16.1​
 Jun. 30 2021  0.35        0.34       0.54      Beat    59.5
 Mar. 31 2021  0.30        0.30       0.36      Beat    19.4
 This summary was machine generated May 2 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated