Chimera Investment's (CIM) CEO Matthew Lambiase on Q2 2019 Results - Earnings Call Transcript

Jul. 31, 2019 3:24 PM ETChimera Investment Corporation (CIM) StockCIM
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Q2: 2019-07-31 Earnings Summary

EPS of $1.59 misses by $0.13
 | Revenue of $141.80M (-2.32% Y/Y) misses by $15.27M

Chimera Investment Corporation (NYSE:CIM) Q2 2019 Earnings Conference Call July 31, 2019 9:00 AM ET

Company Participants

Emily Mohr – Investor Relations
Matthew Lambiase – President and Chief Executive Officer
Mohit Marria – Chief Investment Officer
Rob Colligan – Chief Financial Officer

Conference Call Participants

Doug Harter – Credit Suisse
Eric Hagen – KBW
Stephen Laws – Raymond James
Trevor Cranston – JMP Securities
Matthew Hallett – Nomura

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Chimera Investment Corporation Second 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, Christy, and thank you everyone, for participating in Chimera's Second Quarter Earnings Conference Call. Before we begin, I'd like to review the safe harbor statement.

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 quarterly 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 supplements 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 turn the

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