Chimera Q3 adjusted EPS misses estimates

Chimera Investment

06/11/2025 11:56

Overview

Chimera Q3 GAAP net loss of $0.27 per share

Adjusted EPS of $0.37 missed analyst expectations

Completed acquisition of HomeXpress for $240 mln in cash and stock

Outlook

Company did not provide specific financial guidance for future quarters

Result Drivers

ACQUISITION STRATEGY - Co transitioned to cash in preparation for HomeXpress acquisition, aiming to diversify and grow earnings

ECONOMIC RETURN - Co reported an economic return of (1.4)% for the quarter, indicating challenges in market conditions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Miss
$0.37
$0.46 (3 Analysts)
Q3 Net Interest Income
$65.01 mln
Q3 Pretax Profit
-$329,000


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "hold"

Wall Street's median 12-month price target for Chimera Investment Corp is $15.50, about 16.3% above its November 5 closing price of $12.98

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBwbVw5wVa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)