Chimera Investment Corp expected to post earnings of 44 cents a share - Earnings Preview

Chimera Investment

04/11/2024 15:42

* Chimera Investment Corp  CIM.N   CIM  is expected to show
a rise
in quarterly revenue when it reports  results on November 6 for
the period ending September 30 2024
    * The New York City-based  company is expected to report a
16.0% increase in revenue to $73.56 million from $63.4 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (SAL represents Net Intereset Income basis.)
    * ​LSEG's mean analyst estimate for Chimera Investment Corp
is for
earnings of 44 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 $16.25​, above​ its last closing price
of $14.99. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.35        0.42       0.37      Missed  -12.3
 Mar. 31 2024  0.36        0.52       0.36      Missed  -30.2
 Dec. 31 2023  0.40        0.52       0.39      Missed  -25.3​
 Sep. 30 2023  0.48        0.53       0.39      Missed  -26.8
 ​​Jun.        0.42        0.50       0.36      Missed  -27.4
 30 2023                                                
 Mar. 31 2023  0.49        0.49       0.39      Missed  -20​
 Dec. 31 2022  0.64        0.69       0.33      Missed  -52.1
 Sep. 30 2022  0.74        0.83       0.81      Missed  -2.8
 This summary was machine generated November 4 at 15:42 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)