Chimera Investment Corp expected to post earnings of 42 cents a share - Earnings Preview

Chimera Investment

05/08/2024 14:31

* Chimera Investment Corp  CIM.N   CIM  is expected to show
a rise
in quarterly revenue when it reports  results on August 7 for
the period ending June 30 2024
    * The New York City-based  company is expected to report a
8.6% increase in revenue to $71.315 million from $65.68 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (SAL represents Net Intereset Income basis.)
    * ​LSEG's mean analyst estimate for Chimera Investment Corp
is for
earnings of 42 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 $14.63​, above​ its last closing price
of $14.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.36        0.52       0.36      Missed  -30.2
 Dec. 31 2024  0.40        0.52       0.39      Missed  -25.3
 Sep. 30 2023  0.48        0.53       0.39      Missed  -26.8​
 Jun. 30 2023  0.42        0.50       0.36      Missed  -27.4
 ​​Mar.        0.49        0.49       0.39      Missed  -20
 31 2023                                                
 Dec. 31 2022  0.64        0.69       0.33      Missed  -52.1​
 Sep. 30 2022  0.74        0.83       0.81      Missed  -2.8
 Jan. 1 0001   1.08        0.98       0.93      Missed  -5.1
 This summary was machine generated August 5 at 13:31 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)