BlackRock California Municipal Income Trust Past Earnings Performance
Past criteria checks 1/6
BlackRock California Municipal Income Trust's earnings have been declining at an average annual rate of -48.1%, while the Capital Markets industry saw earnings growing at 10.1% annually. Revenues have been declining at an average rate of 4.9% per year. BlackRock California Municipal Income Trust's return on equity is 2%, and it has net margins of 31.5%.
Key information
-48.1%
Earnings growth rate
-47.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -4.9% |
| Return on equity | 2.0% |
| Net Margin | 31.5% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
BlackRock California Municipal Income Trust raises dividend by 14.7%
Feb 03BlackRock California Municipal Income Trust declares $0.034 dividend
Jan 06BlackRock California Municipal Income Trust declares $0.034 dividend
Dec 12BlackRock California Municipal Income Trust declares $0.034 dividend
Nov 07BlackRock California Municipal Income Trust declines dividend by 20.9% to $0.034
Oct 06BlackRock California Municipal Income Trust declares $0.043 dividend
Aug 02BlackRock California Municipal Income Trust declares $0.043 dividend
May 07BlackRock California Municipal Income Trust declares $0.038 dividend
Feb 04BlackRock California Municipal Income Trust declares $0.038 dividend
Jan 05BlackRock California Municipal Income Trust declares $0.038 dividend
Nov 03Revenue & Expenses BreakdownBeta
How BlackRock California 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 | 25 | 8 | 4 | 0 |
| 31 Oct 23 | 24 | 4 | 4 | 0 |
| 31 Jul 23 | 24 | 0 | 4 | 0 |
| 30 Apr 23 | 24 | -21 | 4 | 0 |
| 31 Jan 23 | 23 | -43 | 4 | 0 |
| 31 Oct 22 | 24 | -58 | 4 | 0 |
| 31 Jul 22 | 24 | -73 | 5 | 0 |
| 30 Apr 22 | 24 | -46 | 5 | 0 |
| 31 Jan 22 | 24 | -19 | 5 | 0 |
| 31 Oct 21 | 24 | 5 | 5 | 0 |
| 31 Jul 21 | 24 | 28 | 5 | 0 |
| 30 Apr 21 | 25 | 27 | 5 | 0 |
| 31 Jan 21 | 25 | 26 | 5 | 0 |
| 31 Oct 20 | 25 | 29 | 5 | 0 |
| 31 Jul 20 | 26 | 33 | 5 | 0 |
| 30 Apr 20 | 27 | 48 | 5 | 0 |
| 31 Jan 20 | 28 | 62 | 5 | 0 |
| 31 Oct 19 | 29 | 49 | 5 | 0 |
| 31 Jul 19 | 30 | 37 | 5 | 0 |
| 30 Apr 19 | 30 | 21 | 5 | 0 |
| 31 Jan 19 | 31 | 6 | 5 | 0 |
| 31 Oct 18 | 32 | 5 | 5 | 0 |
| 31 Jul 18 | 32 | 4 | 5 | 0 |
| 30 Apr 18 | 33 | 12 | 5 | 0 |
| 31 Jan 18 | 33 | 19 | 5 | 0 |
| 31 Oct 17 | 33 | 6 | 5 | 0 |
| 31 Jul 17 | 34 | -8 | 5 | 0 |
| 30 Apr 17 | 34 | -7 | 5 | 0 |
| 31 Jan 17 | 35 | -6 | 5 | 0 |
| 31 Oct 16 | 35 | 19 | 5 | 0 |
| 31 Jul 16 | 35 | 43 | 5 | 0 |
| 30 Apr 16 | 35 | 30 | 5 | 0 |
| 31 Jan 16 | 35 | 17 | 5 | 0 |
| 31 Oct 15 | 35 | 23 | 5 | 0 |
| 31 Jul 15 | 34 | 28 | 5 | 0 |
| 30 Apr 15 | 34 | 49 | 5 | 0 |
| 31 Jan 15 | 34 | 71 | 5 | 0 |
| 31 Oct 14 | 35 | 71 | 5 | 0 |
| 31 Jul 14 | 35 | 72 | 5 | 0 |
| 30 Apr 14 | 36 | 27 | 5 | 0 |
| 31 Jan 14 | 36 | -18 | 5 | 0 |
| 31 Oct 13 | 37 | -23 | 5 | 0 |
| 31 Jul 13 | 37 | -28 | 5 | 0 |
| 30 Apr 13 | 37 | 14 | 5 | 0 |
Quality Earnings: BFZ has a large one-off loss of $5.4M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: BFZ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BFZ's earnings have declined by 48.1% per year over the past 5 years.
Accelerating Growth: BFZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BFZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.3%).
Return on Equity
High ROE: BFZ's Return on Equity (2%) is considered low.