Chimera Investment Corp. (CIM) reported fourth-quarter GAAP net income of $95.5 million or $0.14 per share, compared to GAAP net income of $8.8 million or $0.07 per share in the year ago quarter.
Core earnings were $80.7 million or $0.12 per share, compared to core earnings of $9.0 million or $0.07 per share in the same quarter last year.
Net interest income for the quarter were $92.24 million, compared to $12.70 million in the year ago quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.14 per share on revenues of $110.61 million for the quarter. Analysts' estimates typically exclude special items.
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