Chimera Investment Corporation (CIM) CEO Matthew Lambiase on Q1 2019 Results - Earnings Call Transcript

May 01, 2019 1:43 PM ETChimera Investment Corporation (CIM) StockCIM
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Q1: 2019-05-01 Earnings Summary

EPS of $1.71 misses by $0.04
 | Revenue of $147.44M (-0.30% Y/Y) misses by $4.25M

Chimera Investment Corporation (NYSE:CIM) Q1 2019 Results Earnings Conference Call May 1, 2019 9:00 AM ET

Company Participants

Emily Mohr - IR
Matthew Lambiase - President and CEO
Mohit Marria - CIO
Robert Colligan - CFO
Choudhary Yarlagadda - COO
Victor Falvo - Head of Capital Markets

Conference Call Participants

Eric Hagen - KBW
Joshua Bolton - Credit Suisse
Trevor Cranston - JMP Securities
Matthew Howlett - Nomura
Jim Young - West Family Investments

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Chimera Investment Corporation First Quarter 2019 Earnings Conference Call and Webcast. [Operator Instructions]

It is now my pleasure to turn the floor over to Emily Mohr of Investor Relations. Please go ahead.

Emily Mohr

Thank you, Lori, and thank you everyone for participating in Chimera's first quarter earnings conference call. Before we begin, I'd like to review the Safe Harbor statements. During this call, we will be making forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, which are outlined in the Risk Factor section in our most recent annual and quarterly SEC filings. Actual events and results may differ materially from these forward-looking statements. We encourage you to read the forward-looking statement disclaimer in our earnings release in addition to our quarterly and annual filings.

During the call today, we may also discuss non-GAAP financial measures. Please refer to our SEC filings and earnings supplement for reconciliation to the most comparable GAAP measures. Additionally, the content of this conference call may contain time-sensitive information that is accurate only as of the date of this earnings call. We do not undertake and specifically disclaim any obligation to update or revise this information.

I will now

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