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Chimera Investment Corp. (CIM) revealed a profit for third quarter that declined from the same period last year.


RTTNews | Nov 3, 2021 07:34AM EDT

07:34 Wednesday, November 3, 2021 (RTTNews.com) - Chimera Investment Corp. (CIM) revealed a profit for third quarter that declined from the same period last year.

The company's earnings came in at $313.03 million, or $1.30 per share. This compares with $348.89 million, or $1.32 per share, in last year's third quarter.

Excluding items, Chimera Investment Corp. reported adjusted earnings of $102.05 million or $0.42 per share for the period.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Chimera Investment Corp. earnings at a glance:

-Earnings (Q3): $102.05 Mln. vs. $80.07 Mln. last year.-EPS (Q3): $0.42 vs. $0.33 last year.-Analysts Estimate: $0.36

Read the original article on RTTNews ( https://www.rttnews.com/3238864/chimera-investment-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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