Chimera Investment Corp. Q3 adjusted earnings Beat Estimates

(RTTNews) - Chimera Investment Corp. (CIM) released a profit for its third quarter that climbed from last year.

The company's bottom line came in at $147.36 million, or $0.79 per share. This compares with $129.83 million, or $0.69 per share, in last year's third quarter.

Excluding items, Chimera Investment Corp. reported adjusted earnings of $111.76 million or $0.60 per share for the period.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.0% to $147.04 million from $156.46 million last year.

Chimera Investment Corp. earnings at a glance:

-Earnings (Q3): $111.76 Mln. vs. $116.32 Mln. last year. -EPS (Q3): $0.60 vs. $0.62 last year. -Analysts Estimate: $0.58 -Revenue (Q3): $147.04 Mln vs. $156.46 Mln last year.