Western Asset Emerging Markets Debt Fund Past Earnings Performance
Past criteria checks 2/6
Western Asset Emerging Markets Debt Fund's earnings have been declining at an average annual rate of -21.6%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 9.2% per year. Western Asset Emerging Markets Debt Fund's return on equity is 11.6%, and it has net margins of 109%.
Key information
-21.6%
Earnings growth rate
-21.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -9.2% |
| Return on equity | 11.6% |
| Net Margin | 109.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
EMD: Strong Emerging Market Debt CEF, 11.0% Yield, 12.5% Discount
Jan 14EMD: This Emerging Markets Debt CEF Can Add Diversification To A Portfolio
Dec 06EMD: Consider After A Credit Dislocation
Aug 04EMD: Fade The Rally
Feb 11Western Asset Emerging Markets Debt Fund goes ex-dividend on Monday
Jan 20Western Asset Emerging Markets Debt Fund declares $0.08 dividend
Nov 14Western Asset Emerging Markets Debt Fund goes ex-dividend tomorrow
Sep 21EMD: Emerging Markets Bond CEF, Strong 11.3% Distribution Yield, Subpar Performance
May 08EMD - 7.73% Yield From This EM Closed End Fund
Sep 17Western Asset Emerging Markets Debt Fund declares $0.09 dividend
Nov 18Revenue & Expenses BreakdownBeta
How Western Asset Emerging Markets Debt Fund 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 | 65 | 71 | 8 | 0 |
| 30 Sep 23 | 64 | 69 | 8 | 0 |
| 30 Jun 23 | 63 | 68 | 8 | 0 |
| 31 Mar 23 | 62 | -41 | 9 | 0 |
| 31 Dec 22 | 61 | -150 | 9 | 0 |
| 30 Sep 22 | 64 | -189 | 10 | 0 |
| 30 Jun 22 | 67 | -228 | 11 | 0 |
| 31 Mar 22 | 69 | -132 | 11 | 0 |
| 31 Dec 21 | 71 | -36 | 11 | 0 |
| 30 Sep 21 | 70 | 29 | 12 | 0 |
| 30 Jun 21 | 70 | 93 | 12 | 0 |
| 31 Mar 21 | 72 | 70 | 12 | 0 |
| 31 Dec 20 | 75 | 47 | 12 | 0 |
| 30 Sep 20 | 81 | 5 | 12 | 0 |
| 30 Jun 20 | 87 | -38 | 12 | 0 |
| 31 Mar 20 | 90 | 50 | 12 | 0 |
| 31 Dec 19 | 94 | 138 | 12 | 0 |
| 30 Sep 19 | 92 | 128 | 12 | 0 |
| 30 Jun 19 | 91 | 117 | 12 | 0 |
| 31 Mar 19 | 89 | 7 | 12 | 0 |
| 31 Dec 18 | 87 | -102 | 12 | 0 |
| 30 Sep 18 | 88 | -80 | 13 | 0 |
| 30 Jun 18 | 90 | -57 | 13 | 0 |
| 31 Mar 18 | 90 | 23 | 13 | 0 |
| 31 Dec 17 | 90 | 103 | 13 | 0 |
| 30 Sep 17 | 77 | 89 | 11 | 0 |
| 30 Jun 17 | 63 | 74 | 10 | 0 |
| 31 Mar 17 | 52 | 71 | 8 | 0 |
| 31 Dec 16 | 41 | 68 | 7 | 0 |
| 30 Sep 16 | 41 | 53 | 7 | 0 |
| 30 Jun 16 | 41 | 38 | 6 | 0 |
| 31 Mar 16 | 40 | 12 | 6 | 0 |
| 31 Dec 15 | 39 | -15 | 6 | 0 |
| 30 Sep 15 | 41 | -26 | 6 | 0 |
| 30 Jun 15 | 42 | -36 | 7 | 0 |
| 31 Mar 15 | 42 | -11 | 7 | 0 |
| 31 Dec 14 | 43 | 14 | 7 | 0 |
| 30 Sep 14 | 42 | 36 | 7 | 0 |
| 30 Jun 14 | 42 | 57 | 6 | 0 |
| 31 Mar 14 | 42 | 0 | 6 | 0 |
| 31 Dec 13 | 42 | -58 | 7 | 0 |
| 30 Sep 13 | 43 | -29 | 7 | 0 |
| 30 Jun 13 | 45 | -1 | 7 | 0 |
Quality Earnings: EMD has a large one-off gain of $28.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: EMD became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EMD has become profitable over the past 5 years, growing earnings by -21.6% per year.
Accelerating Growth: EMD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: EMD 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: EMD's Return on Equity (11.6%) is considered low.