Federated Hermes Premier Municipal Income Fund Past Earnings Performance
Past criteria checks 3/6
Federated Hermes Premier Municipal Income Fund's earnings have been declining at an average annual rate of -43.6%, while the Capital Markets industry saw earnings growing at 10.1% annually. Revenues have been declining at an average rate of 5.3% per year. Federated Hermes Premier Municipal Income Fund's return on equity is 2.6%, and it has net margins of 35.7%.
Key information
-43.6%
Earnings growth rate
-43.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -5.3% |
| Return on equity | 2.6% |
| Net Margin | 35.7% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Feb 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Jan 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Dec 12Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Oct 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Sep 12Federated Hermes declares $0.041 dividend
Aug 10Federated Hermes Premier Municipal Income Fund declares $0.041 dividend
Jul 11Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Jun 10Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
May 10Federated Hermes Premier Municipal Income Fund reports FY results
Feb 01Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Jan 11Federated Hermes Premier Municipal Income Fund declares $0.054 dividend
Nov 10Revenue & Expenses BreakdownBeta
How Federated Hermes Premier Municipal Income 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 | 10 | 4 | 1 | 0 |
| 31 Aug 23 | 10 | -1 | 1 | 0 |
| 31 May 23 | 10 | -5 | 1 | 0 |
| 28 Feb 23 | 10 | -18 | 1 | 0 |
| 30 Nov 22 | 9 | -32 | 2 | 0 |
| 31 Aug 22 | 10 | -27 | 2 | 0 |
| 31 May 22 | 10 | -22 | 2 | 0 |
| 28 Feb 22 | 10 | -7 | 2 | 0 |
| 30 Nov 21 | 10 | 9 | 2 | 0 |
| 31 Aug 21 | 11 | 15 | 2 | 0 |
| 31 May 21 | 11 | 20 | 2 | 0 |
| 28 Feb 21 | 11 | 14 | 2 | 0 |
| 30 Nov 20 | 11 | 9 | 2 | 0 |
| 31 Aug 20 | 11 | 5 | 2 | 0 |
| 31 May 20 | 11 | 1 | 2 | 0 |
| 29 Feb 20 | 12 | 10 | 2 | 0 |
| 30 Nov 19 | 12 | 19 | 2 | 0 |
| 31 Aug 19 | 12 | 15 | 2 | 0 |
| 31 May 19 | 12 | 12 | 2 | 0 |
| 28 Feb 19 | 12 | 6 | 2 | 0 |
| 30 Nov 18 | 12 | -1 | 2 | 0 |
| 31 Aug 18 | 11 | 1 | 2 | 0 |
| 31 May 18 | 10 | 2 | 1 | 0 |
| 28 Feb 18 | 8 | 5 | 1 | 0 |
| 30 Nov 17 | 7 | 7 | 1 | 0 |
| 31 Aug 17 | 7 | 4 | 1 | 0 |
| 31 May 17 | 6 | 1 | 1 | 0 |
| 28 Feb 17 | 6 | 1 | 1 | 0 |
| 30 Nov 16 | 7 | 1 | 1 | 0 |
| 31 Aug 16 | 7 | 5 | 1 | 0 |
| 31 May 16 | 7 | 9 | 1 | 0 |
| 29 Feb 16 | 7 | 7 | 1 | 0 |
| 30 Nov 15 | 7 | 5 | 1 | 0 |
| 31 Aug 15 | 7 | 5 | 1 | 0 |
| 31 May 15 | 7 | 6 | 1 | 0 |
| 28 Feb 15 | 7 | 10 | 1 | 0 |
| 30 Nov 14 | 7 | 14 | 1 | 0 |
| 31 Aug 14 | 7 | 9 | 1 | 0 |
| 31 May 14 | 7 | 4 | 1 | 0 |
| 28 Feb 14 | 7 | -2 | 1 | 0 |
| 30 Nov 13 | 7 | -8 | 1 | 0 |
| 31 Aug 13 | 7 | -1 | 1 | 0 |
| 31 May 13 | 7 | 6 | 1 | 0 |
Quality Earnings: FMN has high quality earnings.
Growing Profit Margin: FMN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FMN has become profitable over the past 5 years, growing earnings by -43.6% per year.
Accelerating Growth: FMN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FMN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.3%).
Return on Equity
High ROE: FMN's Return on Equity (2.6%) is considered low.