Chimera Investment Corporation (CIM) CEO Matthew Lambiase on Q3 2019 Results - Earnings Call Transcript

Oct. 30, 2019 2:58 PM ETChimera Investment Corporation (CIM) StockCIM
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Q3: 2019-10-30 Earnings Summary

EPS of $1.50 misses by $0.16
 | Revenue of $141.59M (-3.71% Y/Y) misses by $7.30M

Chimera Investment Corporation (NYSE:CIM) Q3 2019 Earnings Conference Call October 30, 2019 9:00 AM ET

Company Representatives

Matthew Lambiase - President, Chief Executive Officer
Mohit Marria - Chief Investment Officer
Rob Colligan - Chief Financial Officer
Choudhary Yarlagadda - Chief Operating Officer
Victor Falvo - Head of Capital Markets
Emily Mohr - Investor Relations

Conference Call Participants

Doug Harter - Credit Suisse
Kenneth Lee - RBC Capital Markets
Eric Hagen - KBW
Stephen Laws - Raymond James
Matthew Hallett - Nomura
Steve Delaney - JMP Securities
Lee Cooperman - Omega Family Office

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Chimera Investment Corporation, Third Quarter 2019 Earnings Conference Call and Webcast.

All lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question-and-answer session. [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, Sandy, and thank you everyone for participating in Chimera's third 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 supplement for reconciliation to the most comparable GAAP measures. Additionally, the content

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