Market Overview

Recap: Chimera Investment Q3 Earnings


Shares of Chimera Investment (NYSE:CIM) moved higher by 0.3% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 34.00% over the past year to $0.33, which beat the estimate of $0.29.

Revenue of $123,348,000 declined by 12.89% from the same period last year, which beat the estimate of $111,400,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Nov 04, 2020

Time: 09:00 AM

ET Webcast URL:


52-week high: $22.98

Company's 52-week low was at $6.42

Price action over last quarter: Up 5.39%

Company Profile

Chimera Investment Corporation is a real estate investment trust primarily engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. Chimera generates nearly all of its income from interest payments derived from its investments.


Related Articles (CIM)

View Comments and Join the Discussion!

Posted-In: Earnings News