BlackRock Credit Allocation Income Trust Past Earnings Performance
Past criteria checks 2/6
BlackRock Credit Allocation Income Trust's earnings have been declining at an average annual rate of -31%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 4.1% per year. BlackRock Credit Allocation Income Trust's return on equity is 12.2%, and it has net margins of 126.5%.
Key information
-31.0%
Earnings growth rate
-28.1%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -4.1% |
| Return on equity | 12.2% |
| Net Margin | 126.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
BTZ: A Decent Multi-Sector Bond Fund, But Lack Of Floaters A Risk
Mar 12BTZ: Good Debt Allocation Fund, But Fixed-Rate Bonds Might Be Overpriced
Dec 18BTZ: Decent Fund, But May Be Best Suited For A Pair Trade
Oct 12BTZ: This CEF Remains Attractively Valued
Aug 07BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Feb 13BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Jan 06BlackRock Credit Allocation Income Trust IV goes ex-dividend on Monday
Nov 11BTZ: Lock In Your 10% Yield Before It Bounces
Oct 29BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Oct 06BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Sep 02BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Aug 05BTZ: Moving From Sell To Hold After A -14% Drop
Apr 26BTZ: More Weakness Ahead Despite A Solid Build
Jan 22BTZ: Attractive Returns, Attractive Distribution, But Interest Rates Could Be A Risk Here
Nov 04BTZ: Strong Diversified Bond CEF, 6.5% Distribution Yield, But Lower Returns And Alpha Vs. Peers
Aug 03BTZ: Watch Interest Rate Risks With This Otherwise Appealing Fund
Jun 16BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
May 07BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Dec 21PIMCO And BlackRock CEFs: 10.9% And 6.8% Yields
Nov 28BTZ: Multi-Sector Bond Fund Paying A 6.91% Yield
Nov 24BlackRock Credit Allocation Income Trust IV declares $0.0839 dividend
Nov 03Revenue & Expenses BreakdownBeta
How BlackRock Credit Allocation 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 Dec 23 | 104 | 132 | 11 | 0 |
| 30 Sep 23 | 102 | 94 | 11 | 0 |
| 30 Jun 23 | 99 | 55 | 11 | 0 |
| 31 Mar 23 | 96 | -112 | 11 | 0 |
| 31 Dec 22 | 93 | -280 | 11 | 0 |
| 30 Sep 22 | 93 | -282 | 12 | 0 |
| 30 Jun 22 | 93 | -284 | 12 | 0 |
| 31 Mar 22 | 94 | -123 | 13 | 0 |
| 31 Dec 21 | 95 | 38 | 14 | 0 |
| 30 Sep 21 | 96 | 119 | 14 | 0 |
| 30 Jun 21 | 96 | 200 | 14 | 0 |
| 31 Mar 21 | 97 | 181 | 13 | 0 |
| 31 Dec 20 | 98 | 163 | 13 | 0 |
| 31 Dec 19 | 109 | 178 | 14 | 0 |
| 31 Oct 19 | 115 | 209 | 16 | 0 |
| 31 Jul 19 | 116 | 146 | 15 | 0 |
| 30 Apr 19 | 117 | 84 | 14 | 0 |
| 31 Jan 19 | 116 | 21 | 14 | 0 |
| 31 Oct 18 | 114 | -41 | 14 | 0 |
| 31 Jul 18 | 111 | -2 | 14 | 0 |
| 30 Apr 18 | 108 | 38 | 14 | 0 |
| 31 Jan 18 | 107 | 78 | 14 | 0 |
| 31 Oct 17 | 106 | 118 | 14 | 0 |
| 31 Jul 17 | 108 | 131 | 14 | 0 |
| 30 Apr 17 | 110 | 144 | 14 | 0 |
| 31 Jan 17 | 112 | 137 | 15 | 0 |
| 31 Oct 16 | 114 | 130 | 15 | 0 |
| 31 Jul 16 | 115 | 61 | 15 | 0 |
| 30 Apr 16 | 117 | -8 | 15 | 0 |
| 31 Jan 16 | 120 | -8 | 15 | 0 |
| 31 Oct 15 | 122 | -7 | 16 | 0 |
| 31 Jul 15 | 123 | 37 | 16 | 0 |
| 30 Apr 15 | 124 | 81 | 16 | 0 |
| 31 Jan 15 | 125 | 113 | 16 | 0 |
| 31 Oct 14 | 125 | 145 | 16 | 0 |
| 31 Jul 14 | 125 | 110 | 16 | 0 |
| 30 Apr 14 | 126 | 76 | 16 | 0 |
| 31 Jan 14 | 121 | 68 | 16 | 0 |
| 31 Oct 13 | 117 | 60 | 15 | 0 |
| 31 Jul 13 | 100 | 109 | 13 | 0 |
Quality Earnings: BTZ has a large one-off gain of $73.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BTZ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BTZ has become profitable over the past 5 years, growing earnings by -31% per year.
Accelerating Growth: BTZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BTZ 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: BTZ's Return on Equity (12.2%) is considered low.