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

Chimera Investment

04/05/2023 19:58

* Chimera Investment Corp  CIM.N  reported quarterly
adjusted
earnings of 13 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue fell 49.4% to $69.64 million from a year ago;
analysts
expected $81.59 million. 
    * Chimera Investment Corp's reported EPS for the quarter was
17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 34.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Chimera Investment Corp shares had fallen by 7.3% this
quarter and lost 4.9% so far this year.
    * The company reported quarterly net income of $38.93
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 LSEG Refinitiv data May
4 at 06:58 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.16           0.13           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