logo
Plus   Neg
Share
Email

Chimera Investment Corp. Q2 adjusted earnings Inline With Estimates

Chimera Investment Corp. (CIM) released earnings for its second quarter that climbed from last year.

The company's profit totaled $108.71 million, or $0.58 per share. This compares with $105.62 million, or $0.56 per share, in last year's second quarter.

Excluding items, Chimera Investment Corp. reported adjusted earnings of $109.96 million or $0.59 per share for the period.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.7% to $145.17 million from $150.69 million last year.

Chimera Investment Corp. earnings at a glance:

-Earnings (Q2): $109.96 Mln. vs. $112.09 Mln. last year.
-EPS (Q2): $0.59 vs. $0.60 last year.
-Analysts Estimate: $0.59
-Revenue (Q2): $145.17 Mln vs. $150.69 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT
>