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

Chimera Investment

07/05/2024 13:12

* Chimera Investment Corp  CIM.N   CIM  is expected to show
a rise
in quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
0.5% increase in revenue to $69.957 million from $69.64 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​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 no "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 $5.00​, above​ its last closing price
of $4.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.13        0.17       0.13      Missed  -25.3
 Sep. 30 0001  0.16        0.18       0.13      Missed  -26.8
 Jun. 30 2023  0.14        0.17       0.12      Missed  -27.4​
 Jan. 1 0001   0.16        0.16       0.13      Missed  -20
 ​​Dec.        0.21        0.23       0.11      Missed  -52.1
 31 2022                                                
 Jan. 1 0001   0.25        0.28       0.27      Missed  -2.8​
 Jun. 30 2022  0.36        0.33       0.31      Missed  
 Mar. 31 2022  0.37        0.37       0.39      Beat    5.8
 This summary was machine generated May 7 at 12:11 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)