Chimera Investment Corporation Reports Q4 EPS of $0.14 vs. $0.17

Chimera Investment Corporation CIM today reported Core Earnings for the quarter ended December 31, 2010, of $136.2 million or $0.14 per average share as compared to Core Earnings for the quarter ended December 31, 2009, of $80.7 million or $0.12 per average share and Core Earnings for the quarter ended September 30, 2010, of $139.0 million or $0.16 per average share. The Company reported GAAP net income of $156.2 million or $0.16 per average share for the quarter ended December 31, 2010, as compared to GAAP net income of $95.5 million or $0.14 per average share for the quarter ended December 31, 2009, and GAAP net income of $126.4 million or $0.14 per average share for the quarter ended September 30, 2010. GAAP net income for the year ended December 31, 2010 was $532.9 million or $0.65 per average share as compared to $324.0 million or $0.64 per average share for the year ended December 31, 2009.