CHIMERA INVESTMENT CORPORATION REPORTS 3RD QUARTER 2024 EARNINGS
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Chimera Investment Corporation reported its Q3 2024 earnings, with a GAAP net income of $1.39 per diluted share and earnings available for distribution of $0.36 per share. The GAAP book value was $22.35 per share, with an economic return of 6.82% for the quarter.
November 06, 2024 | 12:00 pm
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Chimera Investment Corporation reported strong Q3 2024 earnings with a GAAP net income of $1.39 per share and a book value of $22.35 per share. The economic return was 6.82% for the quarter.
The strong GAAP net income and book value per share indicate positive financial performance, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100