Chimera Investment Corp. (CIM) released earnings for its third quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $113.67 million, or $1.39 per share. This compares with $33.91 million, or $0.41 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Chimera Investment Corp. earnings at a glance (GAAP) :
-Earnings (Q3): $113.67 Mln. vs. $33.91 Mln. last year.
-EPS (Q3): $1.39 vs. $0.41 last year.
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