BlackRock Long-Term Municipal Advantage Trust Past Earnings Performance
Past criteria checks 0/6
BlackRock Long-Term Municipal Advantage Trust's earnings have been declining at an average annual rate of -16.4%, while the Capital Markets industry saw earnings growing at 10% annually. Revenues have been declining at an average rate of 3.2% per year. BlackRock Long-Term Municipal Advantage Trust's return on equity is 2.7%, and it has net margins of 34.6%.
Key information
-16.4%
Earnings growth rate
-18.4%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -3.2% |
| Return on equity | 2.7% |
| Net Margin | 34.6% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Feb 03BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Dec 12BlackRock Long-Term Municipal Advantage Trust declares $0.0435 dividend
Nov 07BlackRock Long-Term Municipal Advantage Trust declines dividend by 20.2% to $ 0.0435
Oct 06BlackRock Long-Term Municipal Advantage Trust declares $0.055 dividend
Sep 02BlackRock Long-Term Municipal Advantage Trust declares $0.0545 dividend
Aug 02BlackRock Long-Term Municipal Advantage Trust declares $0.0545 dividend
Jul 05BlackRock Long-Term Municipal Advantage Trust declares $0.05 dividend
May 07BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Feb 04BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Jan 05BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Dec 04BlackRock Long-Term Municipal Advantage Trust declares $0.0505 dividend
Nov 03Revenue & Expenses BreakdownBeta
How BlackRock Long-Term Municipal Advantage 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 | 11 | 4 | 2 | 0 |
| 31 Oct 23 | 11 | 0 | 2 | 0 |
| 31 Jul 23 | 11 | -3 | 2 | 0 |
| 31 Jul 22 | 12 | 13 | 2 | 0 |
| 30 Apr 22 | 12 | -21 | 2 | 0 |
| 31 Jan 22 | 12 | -1 | 2 | 0 |
| 31 Oct 21 | 12 | 20 | 2 | 0 |
| 31 Jul 21 | 12 | 28 | 2 | 0 |
| 30 Apr 21 | 12 | 37 | 2 | 0 |
| 31 Jan 21 | 12 | 19 | 2 | 0 |
| 31 Oct 20 | 12 | 2 | 2 | 0 |
| 31 Jul 20 | 12 | -3 | 2 | 0 |
| 30 Apr 20 | 12 | -9 | 2 | 0 |
| 31 Jan 20 | 12 | 5 | 2 | 0 |
| 31 Oct 19 | 13 | 20 | 2 | 0 |
| 31 Jul 19 | 13 | 16 | 2 | 0 |
| 30 Apr 19 | 13 | 11 | 2 | 0 |
| 31 Jan 19 | 13 | 6 | 2 | 0 |
| 31 Oct 18 | 13 | 1 | 2 | 0 |
| 31 Jul 18 | 13 | 5 | 2 | 0 |
| 30 Apr 18 | 13 | 9 | 2 | 0 |
| 31 Jan 18 | 13 | 7 | 2 | 0 |
| 31 Oct 17 | 13 | 5 | 2 | 0 |
| 31 Jul 17 | 12 | 3 | 2 | 0 |
| 30 Apr 17 | 12 | 1 | 2 | 0 |
| 31 Jan 17 | 12 | 8 | 2 | 0 |
| 31 Oct 16 | 12 | 15 | 2 | 0 |
| 31 Jul 16 | 12 | 15 | 2 | 0 |
| 30 Apr 16 | 12 | 14 | 2 | 0 |
| 31 Jan 16 | 12 | 11 | 2 | 0 |
| 31 Oct 15 | 12 | 7 | 2 | 0 |
| 31 Jul 15 | 12 | 12 | 2 | 0 |
| 30 Apr 15 | 12 | 16 | 2 | 0 |
| 31 Jan 15 | 12 | 21 | 2 | 0 |
| 31 Oct 14 | 12 | 26 | 2 | 0 |
| 31 Jul 14 | 12 | 13 | 2 | 0 |
| 30 Apr 14 | 12 | -1 | 2 | 0 |
| 31 Jan 14 | 12 | -6 | 2 | 0 |
| 31 Oct 13 | 12 | -10 | 2 | 0 |
| 31 Jul 13 | 12 | 4 | 2 | 0 |
| 30 Apr 13 | 12 | 19 | 2 | 0 |
Quality Earnings: BTA has a large one-off loss of $2.1M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: BTA's current net profit margins (34.6%) are lower than last year (40.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BTA's earnings have declined by 16.4% per year over the past 5 years.
Accelerating Growth: BTA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BTA had negative earnings growth (-17.5%) over the past year, making it difficult to compare to the Capital Markets industry average (-2.3%).
Return on Equity
High ROE: BTA's Return on Equity (2.7%) is considered low.