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CIMBearishEarningsnews
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Chimera Investment (CIM) Q1 Earnings Top Estimates

May 9, 2024, 8:58 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Chimera Investment reported quarterly earnings of $0.12 per share, beating estimates. - Revenues of $65.11 million missed estimates, and shares have decreased by 15%. - The company's earnings outlook, estimate revisions, and industry outlook will impact stock performance. - Estimate for upcoming quarter is $0.09 per share, with revenues of $67.7 million. - Stock has Zacks Rank #3 (Hold), expected to perform in line with the market. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Chimera Investment reported quarterly earnings of $0.12 per share, beating estimates.
  • Revenues of $65.11 million missed estimates, and shares have decreased by 15%.
  • The company's earnings outlook, estimate revisions, and industry outlook will impact stock performance.
  • Estimate for upcoming quarter is $0.09 per share, with revenues of $67.7 million.
  • Stock has Zacks Rank #3 (Hold), expected to perform in line with the market.

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