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

1. Cherry Hill Mortgage reports Q4 2024 earnings with $9.1 million net income. 2. Book value per share stands at $3.82, reflecting stable financials.

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Why Bullish?

The reported net income and stable book value suggest financial strength. Historically, positive earnings reports often correlate with stock price increases.

How important is it?

The earnings report and book value are crucial for investor confidence. Strong earnings can lead to increased investment interest.

Why Short Term?

Short-term impact expected as investors react to recent earnings. Immediate trading patterns could be influenced by this report.

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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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