BlackRock Municipal Income Trust Past Earnings Performance
Past criteria checks 1/6
BlackRock Municipal Income Trust's earnings have been declining at an average annual rate of -24%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 6% per year. BlackRock Municipal Income Trust's return on equity is 0.9%, and it has net margins of 12.9%.
Key information
-24.0%
Earnings growth rate
-24.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -6.0% |
| Return on equity | 0.9% |
| Net Margin | 12.9% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
BlackRock Municipal Income Trust declares $0.0365 dividend
Feb 03BlackRock Municipal Income Trust declares $0.0365 dividend
Jan 06BlackRock Municipal Income Trust declares $0.0365 dividend
Dec 12BlackRock Municipal Income Trust declares $0.0365 dividend
Nov 07BlackRock Municipal Income Trust declines dividend by 21.5% to $0.0365
Oct 06BlackRock Municipal Income Trust declares $0.0465 dividend
Sep 02BlackRock Municipal Income Trust declares $0.0465 dividend
Aug 02BlackRock Municipal Income Trust declares $0.0465 dividend
Jul 05BlackRock Municipal Income Trust declares $0.058 dividend
May 07BlackRock Municipal Income Trust declares $0.0585 dividend
Feb 04BlackRock Municipal Income Trust declares $0.0585 dividend
Nov 03Revenue & Expenses BreakdownBeta
How BlackRock Municipal Income Trust 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 Jan 24 | 36 | 5 | 5 | 0 |
| 31 Oct 23 | 36 | 0 | 5 | 0 |
| 31 Jul 23 | 36 | -5 | 5 | 0 |
| 30 Apr 22 | 38 | -85 | 7 | 0 |
| 31 Jan 22 | 39 | -19 | 7 | 0 |
| 31 Oct 21 | 40 | 47 | 7 | 0 |
| 31 Jul 21 | 41 | 80 | 7 | 0 |
| 30 Apr 21 | 42 | 113 | 7 | 0 |
| 31 Jan 21 | 43 | 63 | 7 | 0 |
| 31 Oct 20 | 44 | 12 | 7 | 0 |
| 31 Jul 20 | 44 | -8 | 7 | 0 |
| 30 Apr 20 | 45 | -27 | 7 | 0 |
| 31 Jan 20 | 45 | 21 | 7 | 0 |
| 31 Oct 19 | 46 | 68 | 7 | 0 |
| 31 Jul 19 | 46 | 54 | 7 | 0 |
| 30 Apr 19 | 46 | 40 | 6 | 0 |
| 31 Jan 19 | 46 | 18 | 6 | 0 |
| 31 Oct 18 | 47 | -4 | 6 | 0 |
| 31 Jul 18 | 47 | 10 | 7 | 0 |
| 30 Apr 18 | 47 | 23 | 7 | 0 |
| 31 Jan 18 | 47 | 17 | 7 | 0 |
| 31 Oct 17 | 47 | 11 | 7 | 0 |
| 31 Jul 17 | 48 | 3 | 7 | 0 |
| 30 Apr 17 | 49 | -5 | 7 | 0 |
| 31 Jan 17 | 50 | 23 | 7 | 0 |
| 31 Oct 16 | 50 | 52 | 7 | 0 |
| 31 Jul 16 | 50 | 53 | 7 | 0 |
| 30 Apr 16 | 49 | 53 | 7 | 0 |
| 31 Jan 16 | 50 | 42 | 7 | 0 |
| 31 Oct 15 | 50 | 30 | 7 | 0 |
| 31 Jul 15 | 50 | 50 | 7 | 0 |
| 30 Apr 15 | 50 | 69 | 7 | 0 |
| 31 Jan 15 | 50 | 92 | 7 | 0 |
| 31 Oct 14 | 50 | 115 | 7 | 0 |
| 31 Jul 14 | 51 | 53 | 7 | 0 |
| 30 Apr 14 | 52 | -10 | 7 | 0 |
| 31 Jan 14 | 53 | -30 | 7 | 0 |
| 31 Oct 13 | 53 | -49 | 7 | 0 |
| 31 Jul 13 | 53 | 16 | 7 | 0 |
Quality Earnings: BFK has a large one-off loss of $16.2M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: BFK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BFK's earnings have declined by 24% per year over the past 5 years.
Accelerating Growth: BFK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BFK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: BFK's Return on Equity (0.9%) is considered low.