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Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2024 Results

1. CHMI reports $9.1 million net income for Q4 2024, $0.29 per share. 2. EAD stands at $3.3 million, translating to $0.10 per diluted share.

Earnings
+6.87%Current Return
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+0.53%S&P 500
$3.3503/06 04:21 PM EDTEvent Start
$3.5803/07 10:35 PM EDTLatest Updated
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Why Bullish?

The solid earnings report reflects strong financial performance, boosting investor confidence. Historical analysis shows that consistent earnings growth generally propels stock prices upward.

How important is it?

The article highlights key financial metrics that can drive investor sentiment and stock price. Earnings and book value per share are critical indicators for investor decisions.

Why Short Term?

Positive earnings results typically have a quick effect on stock prices. Similar cases have shown immediate stock price increases following strong quarterly earnings releases.

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TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights GAAP net income applicable to common stockholders of $9.1 million, or $0.29 per share. Earnings available for distribution (“EAD”) attributable to common stockholders of $3.3 million, or $0.10 per diluted share. Common book value per share of $3.82 at December 31, 2024. GAAP.

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