• Chimera Investment Corp CIM.N reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of three analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 43 cents to 52 cents per share.

• Revenue fell 2.2% to $65.01 million from a year ago; analysts expected $84.82 million.

• Chimera Investment Corp's reported EPS for the quarter was a loss of 27 cents​.

• The company reported a quarterly loss of $22 million.

• Chimera Investment Corp shares had fallen by 11.3% this quarter and lost 16.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "hold"

• Wall Street's median 12-month price target for Chimera Investment Corp is $15.50, about 24.3% above its last closing price of $11.73

This summary was machine generated from LSEG data November 7 at 07:56 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)