Eaton Vance Floating-Rate Income Trust Past Earnings Performance
Past criteria checks 2/6
Eaton Vance Floating-Rate Income Trust has been growing earnings at an average annual rate of 2.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 4.4% per year. Eaton Vance Floating-Rate Income Trust's return on equity is 14.4%, and it has net margins of 87.4%.
Key information
2.9%
Earnings growth rate
8.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -4.4% |
| Return on equity | 14.4% |
| Net Margin | 87.4% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario
Mar 26EFT: Should Work To Protect Against 2024 Market Volatility
Dec 26EFT: Protection Against Interest Rates And A High Yield
Oct 16EFT: A Good 10.86%-Yielding Income Fund For Rising Rates
Aug 07Eaton Vance Floating Rate Income Trust declares $0.104 dividend
Feb 03EFT: This 8.04%-Yielding Debt Fund Is A Winner For Income Investors Today
Jan 25Eaton Vance Floating Rate Income Trust declares $0.078 dividend
Nov 04Eaton Vance Floating Rate Income Trust raises monthly dividend by 0.6% to $0.078 share
Oct 06Eaton Vance Floating Rate Income Trust declares $0.0775 dividend
Sep 02Eaton Vance Floating Rate Income Trust declares $0.0775 dividend
Aug 03Eaton Vance Floating Rate Income Trust declares $0.0775 dividend
Jul 06Eaton Vance Floating Rate Income Trust declares $0.061 dividend
May 07Eaton Vance Floating Rate Income Trust declares $0.06 dividend
Nov 04Revenue & Expenses BreakdownBeta
How Eaton Vance Floating-Rate 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 |
|---|---|---|---|---|
| 30 Nov 23 | 57 | 50 | 5 | 0 |
| 31 Aug 23 | 53 | 32 | 5 | 0 |
| 31 May 23 | 49 | 15 | 5 | 0 |
| 28 Feb 23 | 44 | -4 | 5 | 0 |
| 30 Nov 22 | 38 | -23 | 5 | 0 |
| 31 Aug 22 | 35 | -18 | 5 | 0 |
| 31 May 22 | 31 | -13 | 6 | 0 |
| 28 Feb 22 | 34 | 13 | 6 | 0 |
| 30 Nov 21 | 36 | 38 | 7 | 0 |
| 31 Aug 21 | 39 | 64 | 7 | 0 |
| 31 May 21 | 41 | 90 | 8 | 0 |
| 28 Feb 21 | 42 | 50 | 7 | 0 |
| 30 Nov 20 | 43 | 9 | 7 | 0 |
| 31 Aug 20 | 47 | -19 | 7 | 0 |
| 31 May 20 | 51 | -47 | 7 | 0 |
| 29 Feb 20 | 54 | -14 | 7 | 0 |
| 30 Nov 19 | 56 | 18 | 8 | 0 |
| 31 Aug 19 | 55 | 19 | 8 | 0 |
| 31 May 19 | 54 | 19 | 8 | 0 |
| 28 Feb 19 | 52 | 23 | 8 | 0 |
| 30 Nov 18 | 51 | 26 | 8 | 0 |
| 31 Aug 18 | 50 | 30 | 8 | 0 |
| 31 May 18 | 49 | 34 | 8 | 0 |
| 28 Feb 18 | 49 | 40 | 8 | 0 |
| 30 Nov 17 | 49 | 46 | 8 | 0 |
| 31 Aug 17 | 49 | 58 | 8 | 0 |
| 31 May 17 | 49 | 70 | 8 | 0 |
| 28 Feb 17 | 50 | 69 | 8 | 0 |
| 30 Nov 16 | 50 | 67 | 8 | 0 |
| 31 Aug 16 | 50 | 33 | 8 | 0 |
| 31 May 16 | 50 | -2 | 8 | 0 |
| 29 Feb 16 | 49 | -9 | 8 | 0 |
| 30 Nov 15 | 49 | -16 | 8 | 0 |
| 31 Aug 15 | 49 | -3 | 8 | 0 |
| 31 May 15 | 49 | 18 | 9 | 0 |
| 28 Feb 15 | 48 | 15 | 9 | 0 |
| 30 Nov 14 | 48 | 17 | 9 | 0 |
| 31 Aug 14 | 49 | 33 | 9 | 0 |
| 31 May 14 | 49 | 30 | 9 | 0 |
| 28 Feb 14 | 50 | 39 | 9 | 0 |
| 30 Nov 13 | 51 | 46 | 9 | 0 |
| 31 Aug 13 | 52 | 49 | 9 | 0 |
| 31 May 13 | 53 | 67 | 8 | 0 |
Quality Earnings: EFT has a large one-off gain of $11.4M impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: EFT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EFT's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: EFT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: EFT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (2.9%).
Return on Equity
High ROE: EFT's Return on Equity (14.4%) is considered low.