Chimera Investment Corporation (NYSE: CIM) saw its shares surge 6.11% in pre-market trading on Thursday following the release of its better-than-expected first-quarter 2025 financial results.
The real estate investment trust reported an adjusted earnings per share (EPS) of $0.41, surpassing the analyst estimate of $0.40. While the company's net interest income came in at $69.219 million, slightly below the expected $72.07 million, investors were encouraged by the overall strong performance.
Chimera's impressive quarterly results were further highlighted by a pretax profit of $169.052 million, demonstrating the company's ability to generate substantial returns in the current market environment. This solid financial performance has likely boosted investor confidence in Chimera's business model and growth prospects, contributing to the significant pre-market stock price increase.