Chimera Investment Corp reports results for the quarter ended December 31 - Earnings Summary

• Chimera Investment Corp CIM.N reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of five analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 36 cents to 78 cents per share.

• Revenue rose 1.8% to $65.82 million from a year ago; analysts expected $77.55 million.

• Chimera Investment Corp's reported EPS for the quarter was a loss of $2.04​.

• The company reported a quarterly loss of $168.28 million.

• Chimera Investment Corp shares had risen by 7.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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

Wall Street's median 12-month price target for Chimera Investment Corp is $15.75

This summary was machine generated from LSEG data February 12 at 02:32 p.m. UTC. ​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)