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

Chimera Investment

03/11/2022 13:33

* Chimera Investment Corp  CIM.N  reported quarterly
adjusted
earnings of 27 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 28 cents per share.
    * Revenue fell 29.7% to $104.84 million from a year ago;
analysts
expected $113.33 million. 
    * Chimera Investment Corp's reported EPS for the quarter was
a
loss of 88 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Chimera Investment Corp shares had risen by 24.5% this
quarter and lost 56.9% so far this year.
    * The company reported a quarterly loss of $204.58 million.
    * Wall Street's median 12-month price target for Chimera
Investment Corp is $7.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.38           0.46           Beat