MFS High Income Municipal Trust Past Earnings Performance
Past criteria checks 1/6
MFS High Income Municipal Trust's earnings have been declining at an average annual rate of -41.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 7.6% per year. MFS High Income Municipal Trust's return on equity is 1.9%, and it has net margins of 23.9%.
Key information
-41.5%
Earnings growth rate
-41.5%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -7.6% |
| Return on equity | 1.9% |
| Net Margin | 23.9% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
MFS High Income Municipal Trust raises dividend by 15.4% to $0.015
Feb 03MFS High Income Municipal Trust monthly declines by -3.3% to $0.0145/share
Nov 03MFS High Income Municipal Trust declines by -3.2% to $0.015/share
Oct 03MFS High Income Municipal Trust declares $0.0155 dividend
Sep 01MFS High Income Municipal Trust declares $0.0165 dividend
Jul 05MFS High Income Municipal Trust goes ex-dividend tomorrow
Jun 14MFS High Income Municipal Trust declares $0.021 dividend
May 07MFS High Income Municipal Trust declares $0.021 dividend
Feb 04MFS High Income Municipal Trust declares $0.021 dividend
Jan 05MFS High Income Municipal Trust declares $0.021 dividend
Nov 03Revenue & Expenses BreakdownBeta
How MFS High Income Municipal 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 |
|---|---|---|---|---|
| 30 Nov 23 | 10 | 2 | 2 | 0 |
| 31 Aug 23 | 10 | -3 | 2 | 0 |
| 31 May 23 | 10 | -9 | 2 | 0 |
| 28 Feb 23 | 10 | -22 | 2 | 0 |
| 30 Nov 22 | 10 | -34 | 2 | 0 |
| 31 Aug 22 | 10 | -27 | 2 | 0 |
| 31 May 22 | 10 | -20 | 2 | 0 |
| 28 Feb 22 | 10 | -4 | 2 | 0 |
| 30 Nov 21 | 10 | 13 | 2 | 0 |
| 31 Aug 21 | 11 | 19 | 2 | 0 |
| 31 May 21 | 11 | 25 | 2 | 0 |
| 28 Feb 21 | 11 | 13 | 2 | 0 |
| 30 Nov 20 | 11 | 1 | 2 | 0 |
| 31 Aug 20 | 12 | -4 | 2 | 0 |
| 31 May 20 | 12 | -9 | 2 | 0 |
| 29 Feb 20 | 13 | 4 | 2 | 0 |
| 30 Nov 19 | 13 | 16 | 2 | 0 |
| 31 Aug 19 | 13 | 13 | 2 | 0 |
| 31 May 19 | 13 | 10 | 2 | 0 |
| 28 Feb 19 | 14 | 7 | 2 | 0 |
| 30 Nov 18 | 14 | 4 | 2 | 0 |
| 31 Aug 18 | 14 | 6 | 2 | 0 |
| 31 May 18 | 14 | 8 | 2 | 0 |
| 28 Feb 18 | 14 | 11 | 2 | 0 |
| 30 Nov 17 | 14 | 13 | 2 | 0 |
| 31 Aug 17 | 14 | 9 | 2 | 0 |
| 31 May 17 | 14 | 4 | 2 | 0 |
| 28 Feb 17 | 14 | 4 | 2 | 0 |
| 30 Nov 16 | 14 | 4 | 2 | 0 |
| 31 Aug 16 | 14 | 9 | 2 | 0 |
| 31 May 16 | 14 | 15 | 2 | 0 |
| 29 Feb 16 | 14 | 13 | 2 | 0 |
| 30 Nov 15 | 14 | 10 | 2 | 0 |
| 31 Aug 15 | 14 | 10 | 2 | 0 |
| 31 May 15 | 14 | 11 | 2 | 0 |
| 28 Feb 15 | 14 | 18 | 2 | 0 |
| 30 Nov 14 | 14 | 24 | 2 | 0 |
| 31 Aug 14 | 14 | 14 | 2 | 0 |
| 31 May 14 | 14 | 5 | 2 | 0 |
| 28 Feb 14 | 14 | -3 | 2 | 0 |
| 30 Nov 13 | 14 | -11 | 2 | 0 |
| 31 Aug 13 | 14 | 2 | 3 | 0 |
| 31 May 13 | 14 | 15 | 3 | 0 |
Quality Earnings: CXE has a large one-off loss of $2.4M impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: CXE became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CXE's earnings have declined by 41.5% per year over the past 5 years.
Accelerating Growth: CXE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CXE 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: CXE's Return on Equity (1.9%) is considered low.