MFS Investment Grade Municipal Trust Past Earnings Performance
Past criteria checks 1/6
MFS Investment Grade Municipal Trust's earnings have been declining at an average annual rate of -46.4%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 6.9% per year. MFS Investment Grade Municipal Trust's return on equity is 2.3%, and it has net margins of 28.6%.
Key information
-46.4%
Earnings growth rate
-46.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -6.9% |
| Return on equity | 2.3% |
| Net Margin | 28.6% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
MFS Investment Grade Municipal Trust raises dividend by 15.6% to $0.026
Feb 03MFS Investment Grade Municipal Trust declares $0.0245 dividend
Nov 03MFS Investment Grade Municipal Trust declines by -1.9% to $0.026/share
Oct 03MFS Investment Grade Municipal Trust declares $0.0265 dividend
Sep 01MFS Investment Grade Municipal Trust declares $0.028 dividend
Aug 02MFS Investment Grade Municipal Trust declares $0.028 dividend
Jul 05MFS Investment Grade Municipal Trust declares $0.037 dividend
May 10MFS Investment Grade Municipal Trust declares $0.037 dividend
Feb 04MFS Investment Grade Municipal Trust declares $0.037 dividend
Jan 05MFS Investment Grade Municipal Trust declares $0.0296 dividend
Dec 03MFS Investment Grade Municipal Trust declares $0.037 dividend
Nov 03Revenue & Expenses BreakdownBeta
How MFS Investment Grade 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 | 5 | 2 | 1 | 0 |
| 31 Aug 23 | 5 | -1 | 1 | 0 |
| 31 May 23 | 5 | -4 | 1 | 0 |
| 28 Feb 23 | 5 | -11 | 1 | 0 |
| 30 Nov 22 | 5 | -18 | 1 | 0 |
| 31 Aug 22 | 5 | -15 | 1 | 0 |
| 31 May 22 | 5 | -12 | 1 | 0 |
| 28 Feb 22 | 5 | -3 | 1 | 0 |
| 30 Nov 21 | 5 | 5 | 1 | 0 |
| 31 Aug 21 | 6 | 8 | 1 | 0 |
| 31 May 21 | 6 | 10 | 1 | 0 |
| 28 Feb 21 | 6 | 7 | 1 | 0 |
| 30 Nov 20 | 6 | 4 | 1 | 0 |
| 31 Aug 20 | 6 | 3 | 1 | 0 |
| 31 May 20 | 6 | 1 | 1 | 0 |
| 29 Feb 20 | 6 | 5 | 1 | 0 |
| 30 Nov 19 | 7 | 9 | 1 | 0 |
| 31 Aug 19 | 7 | 8 | 1 | 0 |
| 31 May 19 | 7 | 6 | 1 | 0 |
| 28 Feb 19 | 7 | 4 | 1 | 0 |
| 30 Nov 18 | 7 | 1 | 1 | 0 |
| 31 Aug 18 | 7 | 1 | 1 | 0 |
| 31 May 18 | 8 | 2 | 2 | 0 |
| 28 Feb 18 | 8 | 5 | 2 | 0 |
| 30 Nov 17 | 8 | 9 | 2 | 0 |
| 31 Aug 17 | 8 | 6 | 2 | 0 |
| 31 May 17 | 8 | 2 | 1 | 0 |
| 28 Feb 17 | 8 | 1 | 1 | 0 |
| 30 Nov 16 | 8 | 0 | 1 | 0 |
| 31 Aug 16 | 8 | 6 | 1 | 0 |
| 31 May 16 | 8 | 11 | 1 | 0 |
| 29 Feb 16 | 8 | 9 | 1 | 0 |
| 30 Nov 15 | 8 | 6 | 1 | 0 |
| 31 Aug 15 | 8 | 7 | 1 | 0 |
| 31 May 15 | 8 | 7 | 1 | 0 |
| 28 Feb 15 | 8 | 12 | 1 | 0 |
| 30 Nov 14 | 8 | 17 | 1 | 0 |
| 31 Aug 14 | 8 | 11 | 1 | 0 |
| 31 May 14 | 9 | 4 | 1 | 0 |
| 28 Feb 14 | 9 | -3 | 1 | 0 |
| 30 Nov 13 | 9 | -9 | 1 | 0 |
| 31 Aug 13 | 9 | -1 | 1 | 0 |
| 31 May 13 | 9 | 8 | 2 | 0 |
Quality Earnings: CXH has a large one-off loss of $695.5K impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: CXH became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CXH's earnings have declined by 46.4% per year over the past 5 years.
Accelerating Growth: CXH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CXH 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: CXH's Return on Equity (2.3%) is considered low.