Eaton Vance Tax-Managed Buy-Write Income Fund

NYSE:ETB Stock Report

Market Cap: US$388.3m

Eaton Vance Tax-Managed Buy-Write Income Fund Past Earnings Performance

Past criteria checks 2/6

Eaton Vance Tax-Managed Buy-Write Income Fund has been growing earnings at an average annual rate of 7.1%, 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. Eaton Vance Tax-Managed Buy-Write Income Fund's return on equity is 15.7%, and it has net margins of 910.8%.

Key information

7.1%

Earnings growth rate

6.2%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate-4.1%
Return on equity15.7%
Net Margin910.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

ETB: Tech-Heavy Portfolio And A History Of Underperformance Hurt This 9.63% Yielding CEF

Apr 26

Eaton Vance Option CEFs Looking Better

Feb 08

ETB And FFA: An Opportunity For A Swap

Jan 09

Equity CEFs: Buy ETB As We Enter The Dumb Stage Of The CEF Sell-Off

Oct 27

ETB: A Good 8.78%-Yielding Fund, If You Are Comfortable With The Risk

Sep 26

ETB: 8% Yielding Options Fund

Jul 14

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.0932 dividend

Feb 03

ETB And The Year Of Wild Premium Swings

Dec 19

Eaton Vance Tax-Managed Buy-Write Income Fund dividend declines by 13.7% to $0.0932

Nov 04

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

Oct 06

ETB: Moving From Sell To Hold After The Premium Collapse

Sep 30

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

Sep 02

ETB: Great Fund, Currently Overpriced

Jul 12

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

Jul 06

ETB: Continuing To Expand Its Premium

Jun 02

ETB: Attractive 7.63% Distribution Yield, But On The More Expensive Side

Jan 06

ETB: Get A 7.8% Yield From This FAANG Portfolio

Sep 07

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

May 07

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

Feb 04

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

Jan 04

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

Dec 02

Eaton Vance Tax-Managed Buy-Write Income Fund declares $0.108 dividend

Nov 04

Revenue & Expenses Breakdown
Beta

How Eaton Vance Tax-Managed Buy-Write Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:ETB Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2376550
30 Sep 2375940
30 Jun 2375340
31 Mar 237-450
31 Dec 227-6150
30 Sep 227-4650
30 Jun 227-3150
31 Mar 2272750
31 Dec 2168550
30 Sep 2179450
30 Jun 21710240
31 Mar 2175940
31 Dec 2081740
30 Sep 208640
30 Jun 208-540
31 Mar 2083140
31 Dec 1986740
30 Sep 1983840
30 Jun 198940
31 Mar 198-950
31 Dec 188-2850
30 Sep 188-150
30 Jun 1882650
31 Mar 1884050
31 Dec 1785340
30 Sep 1785140
30 Jun 1784940
31 Mar 1794040
31 Dec 1693140
30 Sep 1692140
30 Jun 1691140
31 Mar 1691240
31 Dec 1591240
30 Sep 1592040
30 Jun 1592340
31 Mar 1593450
31 Dec 1493350
30 Sep 1495050
30 Jun 1495640
31 Mar 1494540
31 Dec 1396540
30 Sep 1393640
30 Jun 1394340

Quality Earnings: ETB has a large one-off gain of $87.2M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: ETB became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ETB has become profitable over the past 5 years, growing earnings by 7.1% per year.

Accelerating Growth: ETB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ETB 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: ETB's Return on Equity (15.7%) is considered low.


Return on Assets


Return on Capital Employed

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