Chimera Investment (CIM) Misses Q1 EPS by 1c

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CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2019 EARNINGS

May 1, 2019 7:00 AM EDT

1ST QUARTER GAAP NET INCOME OF $0.54 PER COMMON SHARE 1ST QUARTER CORE EARNINGS(1) OF $0.57 PER COMMON SHARE GAAP BOOK VALUE OF $16.15 PER COMMON SHARE

NEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March31, 2019. The Companys GAAP net income for the first quarter was $101 million or $0.54 per common share. Core earnings(1) for the first quarter ended March31, 2019 was $106 million or $0.57 per common share. Economic return on book value... More