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Chimera: 3Q Earnings Snapshot

October 30, 2019

NEW YORK (AP) _ Chimera Investment Corp. (CIM) on Wednesday reported third-quarter earnings of $106.3 million.

On a per-share basis, the New York-based company said it had profit of 47 cents. Earnings, adjusted for non-recurring costs, came to 50 cents per share.

The mortgage investor posted revenue of $330.1 million in the period. Its adjusted revenue was $141.6 million.

Chimera shares have climbed 15% since the beginning of the year. The stock has risen 16% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CIM at https://www.zacks.com/ap/CIM