Image source: The Motley Fool. Chimera Investment (NYSE: CIM)Q2 2022 Earnings CallAug 04, 2022, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, ladies and gentlemen, and welcome to the Chimera Investment conference call.
Chimera (CIM) delivered earnings and revenue surprises of -16.22% and 12.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, August 04, 2022--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the second quarter ended June 30, 2022. The Company’s GAAP net loss for the second quarter was $180 million, or $0.76 per diluted common share. Earnings available for distribution(1) for the second quarter ended June 30, 2022 was $74 million, or $0.31 per diluted common share.