Skip to main content

Cherry Hill: Q4 Earnings Snapshot

TINTON FALLS, N.J. (AP) — TINTON FALLS, N.J. (AP) — Cherry Hill Mortgage Investment Corp. (CHMI) on Wednesday reported earnings of $7.7 million in its fourth quarter.

On a per-share basis, the Tinton Falls, New Jersey-based company said it had net income of 14 cents. Earnings, adjusted for non-recurring gains, came to 11 cents per share.

The residential real estate finance company posted revenue of $15.8 million in the period. Its adjusted revenue was $3.2 million.

For the year, the company reported a loss of $3 million, or 11 cents per share. Revenue was reported as $11.3 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHMI at https://www.zacks.com/ap/CHMI

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary