Flaherty & Crumrine Total Return Fund Past Earnings Performance
Past criteria checks 2/6
Flaherty & Crumrine Total Return Fund's earnings have been declining at an average annual rate of -37.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 1.2% per year. Flaherty & Crumrine Total Return Fund's return on equity is 1.2%, and it has net margins of 10.5%.
Key information
-37.9%
Earnings growth rate
-37.8%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 1.2% |
| Return on equity | 1.2% |
| Net Margin | 10.5% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
FLC: Deep Discount And Better Outlook Lead To Opportunity
Feb 23FLC: This Fund May Not Be Able To Sustain Its Recent Gains (Rating Downgrade)
Jan 10FLC: Higher Rates Continue To Pressure Preferreds But Discount Offers Potential
Oct 19FLC: High-Risk, High-Reward Yield Play With This Preferred Stock CEF
Sep 27PFD Vs. FLC: Outlook For Preferred CEFs
May 28FLC: Valuation Looking Attractive
Feb 10Flaherty&Crumrine/Claymore Total Return Fund decreases monthly dividend by -7.7% to $0.0955/share
Jan 20Flaherty&Crumrine/Claymore Total Return Fund declares $0.1035 dividend
Dec 09Flaherty&Crumrine/Claymore Total Return Fund goes ex-dividend tomorrow
Oct 20Flaherty&Crumrine/Claymore Total Return Fund goes ex-dividend tomorrow
Sep 21Flaherty&Crumrine/Claymore Total Return Fund goes ex-dividend tomorrow
Aug 22FLC: Looking Like A Solid Buy These Days
May 05FLC - Preferred Securities Portfolio With A 7.14% Yield
Feb 01FLC: Valuation Comes Back Down To A More Attractive Level
Jan 01FLC: Distribution Secure For Another Quarter, A Relative Value
Aug 15Flaherty&Crumrine/Claymore Total Return Fund declares $0.132 dividend
Dec 10Revenue & Expenses BreakdownBeta
How Flaherty & Crumrine Total Return 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 |
|---|---|---|---|---|
| 30 Nov 23 | 20 | 2 | 2 | 0 |
| 31 Aug 23 | 20 | -9 | 2 | 0 |
| 31 May 23 | 20 | -20 | 2 | 0 |
| 28 Feb 23 | 20 | -28 | 3 | 0 |
| 30 Nov 22 | 20 | -37 | 3 | 0 |
| 31 Aug 22 | 20 | -29 | 3 | 0 |
| 31 May 22 | 19 | -22 | 3 | 0 |
| 28 Feb 22 | 19 | -2 | 3 | 0 |
| 30 Nov 21 | 19 | 17 | 3 | 0 |
| 31 Aug 21 | 19 | 31 | 3 | 0 |
| 31 May 21 | 19 | 45 | 3 | 0 |
| 28 Feb 21 | 19 | 31 | 3 | 0 |
| 30 Nov 20 | 19 | 17 | 3 | 0 |
| 31 Aug 20 | 19 | 12 | 3 | 0 |
| 31 May 20 | 19 | 6 | 3 | 0 |
| 29 Feb 20 | 19 | 23 | 3 | 0 |
| 30 Nov 19 | 19 | 40 | 3 | 0 |
| 31 Aug 19 | 19 | 27 | 3 | 0 |
| 31 May 19 | 19 | 13 | 3 | 0 |
| 28 Feb 19 | 19 | 1 | 3 | 0 |
| 30 Nov 18 | 19 | -11 | 3 | 0 |
| 31 Aug 18 | 19 | -3 | 3 | 0 |
| 31 May 18 | 19 | 5 | 3 | 0 |
| 28 Feb 18 | 19 | 20 | 3 | 0 |
| 30 Nov 17 | 19 | 34 | 3 | 0 |
| 31 Aug 17 | 19 | 31 | 3 | 0 |
| 31 May 17 | 19 | 28 | 3 | 0 |
| 28 Feb 17 | 20 | 19 | 3 | 0 |
| 30 Nov 16 | 20 | 11 | 3 | 0 |
| 31 Aug 16 | 20 | 11 | 3 | 0 |
| 31 May 16 | 20 | 10 | 3 | 0 |
| 29 Feb 16 | 20 | 10 | 3 | 0 |
| 30 Nov 15 | 20 | 9 | 3 | 0 |
| 31 Aug 15 | 20 | 13 | 3 | 0 |
| 31 May 15 | 20 | 17 | 3 | 0 |
| 28 Feb 15 | 20 | 25 | 3 | 0 |
| 30 Nov 14 | 20 | 32 | 3 | 0 |
| 31 Aug 14 | 20 | 25 | 3 | 0 |
| 31 May 14 | 20 | 17 | 3 | 0 |
| 28 Feb 14 | 20 | 14 | 3 | 0 |
| 30 Nov 13 | 20 | 11 | 3 | 0 |
| 31 Aug 13 | 20 | 25 | 3 | 0 |
| 31 May 13 | 20 | 40 | 3 | 0 |
Quality Earnings: FLC has a large one-off loss of $8.7M impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: FLC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FLC has become profitable over the past 5 years, growing earnings by -37.9% per year.
Accelerating Growth: FLC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FLC 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: FLC's Return on Equity (1.2%) is considered low.