Liberty All-Star Growth Fund Past Earnings Performance
Past criteria checks 2/6
Liberty All-Star Growth Fund's earnings have been declining at an average annual rate of -21.6%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 9.4% per year. Liberty All-Star Growth Fund's return on equity is 16.5%, and it has net margins of 2769.4%.
Key information
-21.6%
Earnings growth rate
-24.8%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 9.4% |
| Return on equity | 16.5% |
| Net Margin | 2,769.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
ASG: Underperforming The Large-Cap Indices, But Smaller Companies May Eventually Win
Apr 01ASG: Growth That Is Less Dependent On The Magnificent 7
Jan 16ASG: A Great Diversifier In Today's Top-Heavy Market
Dec 13USA Growth And Value 11% Yield Vs. ASG Growth 9% Yield, 5% Discount
Sep 29ASG: Now Is Not The Time
Aug 02ASG: Growth Equity CEF Set For Weakness
Jul 07Liberty All-Star Growth Fund raises quarterly dividend by10% to $0.11/share
Jan 09ASG: High Distribution Yield From Growth Stocks
Dec 22Liberty All-Star Growth Fund dividend declines by 9% to $0.10
Nov 07USA Vs. ASG: Higher Yielding Equity Funds
Sep 19USA's 9% Yield, Growth, And Value Vs. ASG's 7% Yielding Growth Fund
Aug 28Liberty All-Star Growth Fund dips -26.7% to $0.11/share
Jul 11ASG - Not A Time To Buy
May 24ASG - Well That Was Fast
Feb 03ASG: A Nice Sell Signal
Jan 09ASG: An 8% Yield Powered By Tech Growth
Dec 23Equity CEFs: The Liberty All-Star Funds - Recommend Swap Out Of USA Into ASG
Oct 12Evaluating CEFs: ASG Likely To Increase The Regular Distribution Or Have A Special Distribution
Sep 24ASG: Rights Offering Quick Post-Mortem
Aug 09Evaluating CEFs: ASG's Multi-Cap Growth Strategy Provides Attractive Income
Jul 26ASG: Three-Pronged Strategy Results In Outperformance
Jun 20Liberty All-Star Growth Fund declares $0.16 dividend
Jan 11Liberty All-Star Growth Fund: Positive Outlook
Dec 14Liberty All Star Growth Fund: It's Riskier Than You Think
Dec 10Liberty All-Star Growth Fund doubles dividend to $0.26
Nov 02Revenue & Expenses BreakdownBeta
How Liberty All-Star Growth Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2 | 56 | 4 | 0 |
| 30 Sep 23 | 2 | 49 | 4 | 0 |
| 30 Jun 23 | 2 | 43 | 4 | 0 |
| 31 Mar 23 | 2 | -49 | 4 | 0 |
| 31 Dec 22 | 2 | -140 | 4 | 0 |
| 30 Sep 22 | 2 | -131 | 4 | 0 |
| 30 Jun 22 | 2 | -122 | 5 | 0 |
| 31 Mar 22 | 2 | -30 | 5 | 0 |
| 31 Dec 21 | 2 | 63 | 5 | 0 |
| 30 Sep 21 | 2 | 92 | 4 | 0 |
| 30 Jun 21 | 2 | 120 | 4 | 0 |
| 31 Mar 21 | 1 | 113 | 3 | 0 |
| 31 Dec 20 | 1 | 107 | 3 | 0 |
| 30 Sep 20 | 1 | 75 | 3 | 0 |
| 30 Jun 20 | 1 | 43 | 3 | 0 |
| 31 Mar 20 | 1 | 53 | 3 | 0 |
| 31 Dec 19 | 1 | 64 | 3 | 0 |
| 30 Sep 19 | 1 | 47 | 3 | 0 |
| 30 Jun 19 | 1 | 31 | 2 | 0 |
| 31 Mar 19 | 1 | 13 | 2 | 0 |
| 31 Dec 18 | 1 | -5 | 2 | 0 |
| 30 Sep 18 | 1 | 11 | 2 | 0 |
| 30 Jun 18 | 1 | 27 | 2 | 0 |
| 31 Mar 18 | 1 | 31 | 2 | 0 |
| 31 Dec 17 | 1 | 35 | 2 | 0 |
| 30 Sep 17 | 1 | 32 | 2 | 0 |
| 30 Jun 17 | 1 | 30 | 2 | 0 |
| 31 Mar 17 | 1 | 18 | 2 | 0 |
| 31 Dec 16 | 1 | 6 | 2 | 0 |
| 30 Sep 16 | 1 | 0 | 2 | 0 |
| 30 Jun 16 | 1 | -6 | 2 | 0 |
| 31 Mar 16 | 1 | -2 | 2 | 0 |
| 31 Dec 15 | 1 | 2 | 2 | 0 |
| 30 Sep 15 | 1 | 6 | 2 | 0 |
| 30 Jun 15 | 1 | 10 | 2 | 0 |
| 31 Mar 15 | 1 | 7 | 2 | 0 |
| 31 Dec 14 | 1 | 3 | 2 | 0 |
| 30 Sep 14 | 1 | 13 | 2 | 0 |
| 30 Jun 14 | 1 | 24 | 2 | 0 |
| 31 Mar 14 | 1 | 32 | 2 | 0 |
| 31 Dec 13 | 1 | 40 | 2 | 0 |
| 30 Sep 13 | 1 | 29 | 2 | 0 |
| 30 Jun 13 | 1 | 19 | 2 | 0 |
Quality Earnings: ASG has a large one-off gain of $57.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: ASG became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ASG has become profitable over the past 5 years, growing earnings by -21.6% per year.
Accelerating Growth: ASG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ASG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.3%).
Return on Equity
High ROE: ASG's Return on Equity (16.5%) is considered low.