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Chimera Investment Q2 Profit Rises

By RTTNews Staff Writer   ✉   | Published: | Follow Us On Google News

Chimera Investment Corp. (CIM) Wednesday reported second-quarter net income of $116.2 million or $0.57 per share, up from $104.8 million or $0.51 per share last year.

Net interest income for the quarter rose to $149.8 million from $113.6 million last year.

Analysts polled by Thomson Reuters expected the company to report profit per share of $0.60 on revenues of $168.37 million for the quarter. Analysts' estimates typically exclude special items.

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