Cherry Hill Mortgage Investment (CHMI) Misses Q3 EPS by 9c

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Go back to Cherry Hill Mortgage Investment (CHMI) Misses Q3 EPS by 9c

Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2024 Results

November 12, 2024 4:15 PM EST

TINTON FALLS, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the third quarter 2024.

Third Quarter 2024 Highlights

GAAP net loss applicable to common stockholders of $14.8 million, or $0.49 per share. Earnings available for distribution (EAD) attributable to common stockholders of $2.5 million, or $0.08 per diluted share. Common book value per share of $4.02 at September 30, 2024. GAAP net loss applicable to common stockholders, EAD attributable to common stockholders and common book value per share were each impacted by 4.5 cents... More