Chimera Investment: Q1 Earnings Insights

Chimera Investment CIM reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Chimera Investment missed estimated earnings by 18.75%, reporting an EPS of $0.13 versus an estimate of $0.16.

Revenue was down $68.07 million from the same period last year.

Last quarter the company missed on EPS by $0.12 which was followed by a 2.2% increase in the share price the next day.

Here's a look at Chimera Investment's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.23	0.28	0.33	0.37
EPS Actual	0.11	0.27	0.31	0.39
Revenue Estimate	100.13M	113.33M	129.52M	137.85M
Revenue Actual	80.39M	104.84M	116.89M	137.70M

To track all earnings releases for Chimera Investment visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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