Chimera Investment Corp reports results for the quarter ended in December - Earnings Summary

Chimera Investment

15/02/2023 14:31

* Chimera Investment Corp  CIM.N  reported quarterly
adjusted
earnings of 11 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 23 cents per share.
    * Revenue fell 63.6% to $80.40 million from a year ago;
analysts
expected $100.13 million. 
    * Chimera Investment Corp's reported EPS for the quarter was
34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Chimera Investment Corp shares had risen by 28.5% this
quarter.
    * The company reported quarterly net income of $78.72
million.
    * Wall Street's median 12-month price target for Chimera
Investment Corp is $6.50 
    * 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." 

This summary was machine generated from Refinitiv data February
15 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.23           0.11           Missed
 Sep. 30 2022      0.28           0.27           Missed
 Jun. 30 2022      0.33           0.31           Missed
 Mar. 31 2022      0.37           0.39           Beat