AP NEWS

Chimera: 2Q Earnings Snapshot

August 1, 2018

NEW YORK (AP) _ Chimera Investment Corp. (CIM) on Wednesday reported second-quarter net income of $118.1 million.

On a per-share basis, the New York-based company said it had profit of 58 cents. Earnings, adjusted for one-time items, were 59 cents per share.

The mortgage investor posted revenue of $306.4 million in the period. Its adjusted revenue was $145.2 million.

Chimera shares have climbed slightly more than 3 percent since the beginning of the year. The stock has risen 1.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CIM at https://www.zacks.com/ap/CIM

AP RADIO
Update hourly