Chimera Investment Q2 EPS $0.12 Misses $0.15 Estimate, Sales $65.68M Miss $78.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Chimera Investment (NYSE:CIM) reported Q2 earnings of $0.12 per share, missing the analyst consensus estimate of $0.15 by 20%. This is a 61.29% decrease from the same period last year. The company also reported quarterly sales of $65.68 million, missing the analyst consensus estimate of $78.80 million by 16.65%. This is a 43.81% decrease from the same period last year.
August 04, 2023 | 12:58 pm
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Chimera Investment's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Chimera Investment's Q2 earnings and sales missed analyst estimates by a significant margin, and also marked a substantial decrease from the same period last year. This could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
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