Chimera Investment Corporation (NYSE: CIM) saw its shares surge 6.91% in Thursday's trading session following the release of its better-than-expected first-quarter 2025 financial results.
The real estate investment trust reported adjusted earnings per share (EPS) of $0.41, surpassing the analyst estimate of $0.40. While the company's net interest income came in at $69.219 million, slightly below the expected $72.07 million, investors were particularly encouraged by Chimera's impressive pretax profit of $169.052 million for the quarter.
The strong bottom-line performance and substantial pretax profit demonstrate Chimera's ability to generate significant returns in the current market environment. This has likely boosted investor confidence in the company's business model and growth prospects, contributing to the significant stock price increase. The market's positive reaction suggests that investors are focusing on Chimera's profitability and earnings beat rather than the slight miss on revenue.
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