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Chimera Investment Corp. Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for Chimera Investment Corp. (CIM):

-Earnings: -$370.76 million in Q1 vs. $118.15 million in the same period last year.
-EPS: -$2.08 in Q1 vs. $0.54 in the same period last year.
-Excluding items, Chimera Investment Corp. reported adjusted earnings of $105.92 million or $0.57 per share for the period.
-Analysts projected $0.45 per share
-Revenue: $158.18 million in Q1 vs. $147.44 million in the same period last year.

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