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What Chimera Investment (CIM) Said on Its Q3 Earnings Call

Source: marketbeat.com

Corporate EarningsInterest Rates & YieldsHousing & Real EstateCompany Fundamentals
What Chimera Investment (CIM) Said on Its Q3 Earnings Call

Chimera Investment reported a third-quarter net loss and a 16.5% decline in book value. The company attributed pressure on asset valuations and margins at its mortgage origination business to rising interest rates and wider mortgage spreads.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45

Ticker Sentiment

CIM-0.80

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