FX.co ★ Chimera Investment Corp. Bottom Line Declines In Q4

Chimera Investment Corp. (CIM) has reported a decrease in its profit for the fourth quarter compared to previous year. The company's net income amounted to $12.10 million, equivalent to $0.05 per share. This is a decline from the $78.72 million or $0.34 per share reported in the same period last year. To briefly provide an overview of the company's earnings according to Generally Accepted Accounting Principles (GAAP): the fourth quarter earnings stood at $12.10 million against the $78.72 million recorded last year, and the earnings per share (EPS) for the fourth quarter decreased to $0.05 from the $0.34 reported last year.