Chimera Investment Corp expected to post earnings of 17 cents a share - Earnings Preview

Chimera Investment

12/02/2024 13:48

* Chimera Investment Corp  CIM.N   CIM  is expected to show
a fall
in quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
1.8% decrease in revenue to $78.923 million from $80.4 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (Revenue Majority Basis is on Net Interest income)
    * ​LSEG's mean analyst estimate for Chimera Investment Corp
is for
earnings of 17 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Chimera
Investment Corp is $5.50​, above​ its last closing price
of $4.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.16        0.18       0.13      Missed  -26.8
 Jun. 30 2023  0.14        0.17       0.12      Missed  -27.4
 Mar. 31 2023  0.16        0.16       0.13      Missed  -20​
 Dec. 31 2022  0.21        0.23       0.11      Missed  -52.1
 ​​Sep.        0.25        0.28       0.27      Missed  -2.8
 30 2022                                                
 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. 31 2021  0.39        0.38       0.46      Beat    20
 This summary was machine generated February 12 at 13:48 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)