Chimera reports Q4 adjusted EPS 13c, consensus 17c

Reports Q4 book value per share $6.75. “During 2023, we lowered our recourse debt by $1.0 billion and took advantage of our ability to re-lever our existing securitizations and to access the capital markets to acquire new assets,” said Phillip Kardis, CEO. “We believe that lowering our recourse debt and acquiring high-yielding assets will benefit our shareholders over the long run.”