Chimera Investment (CIM) Tops Q1 EPS by 12c

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Go back to Chimera Investment (CIM) Tops Q1 EPS by 12c

Chimera Investment Corporation Reports 1st Quarter 2020 Earnings

May 6, 2020 7:00 AM EDT

GAAP Net Loss of $(2.08) Per Common Share Core Earnings(1) of $0.57 Per Common Share GAAP Book Value of $12.45 Per Common Share Completed Two Loan Securitizations in March for $883 Million Issued $374 Million Convertible Senior Notes Paid Common and Preferred Dividends as Scheduled

NEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March 31, 2020. The Companys GAAP net loss for the first quarter was $(389) million, or $(2.08) per common share. Core earnings(1) for the first quarter... More