BlackRock High Yield Fund Past Earnings Performance
Past criteria checks 1/6
BlackRock High Yield Fund's earnings have been declining at an average annual rate of -11.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 0.9% per year. BlackRock High Yield Fund's return on equity is 14.6%, and it has net margins of 141.9%.
Key information
-11.9%
Earnings growth rate
-12.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -0.9% |
| Return on equity | 14.6% |
| Net Margin | 141.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
HYT: Leveraged High-Yield Bond Fund Faces Trifecta Of Headwinds
Apr 13HYT: Wait For A Wider Discount To NAV Before Buying
Jan 29HYT: A Solid Junk Bond Fund With A Sustainable 10.70% Yield
Nov 13HYT: Surprisingly Strong Recent Performance And Improving Financials
Sep 07HYT: Wait For Price To Drop Before Buying In Due To Risks
Jun 28BlackRock Corporate High Yield Fund goes ex-dividend tomorrow
Feb 13HYT: Moving From Buy To Hold On This High Yield CEF
Feb 03BlackRock Corporate High Yield Fund goes ex-dividend on Monday
Nov 11HYT: Rights Offering Results Quick Notes
Oct 24HYT Rights Offering Results And Implications
Oct 14HYT: Rights Offering Quick Notes
Sep 23BlackRock Corporate High Yield Fund declares $0.0779 dividend
Sep 08BlackRock Corporate High Yield Fund declares $0.0779 dividend
Sep 02BlackRock Corporate High Yield Fund declares $0.0779 dividend
Aug 05HYT: Don't Fall For This 9% Dividend Fund
Jul 24BlackRock Corporate High Yield Fund declares $0.0779 dividend
Jul 05HYT: Time To Buy This 9% Yield
Apr 28HYT: Tempting Valuation Right Now
Jan 26HYT: Fight The Fed With This 7.5% Yielder
Aug 25BlackRock Corporate High Yield Fund declares $0.0779 dividend
May 07HYT: Stay Patient, Don't Chase Returns Here
May 04BlackRock Corporate High Yield Fund declares $0.0779 dividend
Feb 04BlackRock Corporate High Yield Fund declares $0.0779 dividend
Dec 21BlackRock Corporate High Yield Fund declares $0.0779 dividend
Dec 04BlackRock Corporate High Yield Fund declares $0.0779 dividend
Nov 03Revenue & Expenses BreakdownBeta
How BlackRock High Yield 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 | 143 | 203 | 12 | 0 |
| 30 Sep 23 | 133 | 173 | 12 | 0 |
| 30 Jun 23 | 124 | 143 | 11 | 0 |
| 31 Mar 23 | 117 | -32 | 12 | 0 |
| 31 Dec 22 | 110 | -207 | 12 | 0 |
| 30 Sep 22 | 110 | -220 | 13 | 0 |
| 30 Jun 22 | 110 | -233 | 13 | 0 |
| 31 Mar 22 | 111 | -57 | 14 | 0 |
| 31 Dec 21 | 113 | 119 | 14 | 0 |
| 30 Sep 21 | 114 | 209 | 14 | 0 |
| 30 Jun 21 | 115 | 300 | 13 | 0 |
| 31 Mar 21 | 116 | 209 | 13 | 0 |
| 31 Dec 20 | 117 | 119 | 13 | 0 |
| 31 Dec 19 | 120 | 175 | 13 | 0 |
| 31 Aug 19 | 129 | 91 | 13 | 0 |
| 31 May 19 | 131 | 66 | 13 | 0 |
| 28 Feb 19 | 133 | 42 | 14 | 0 |
| 31 Dec 18 | 129 | 91 | 13 | 0 |
| 30 Nov 18 | 134 | 53 | 14 | 0 |
| 31 Aug 18 | 135 | 63 | 14 | 0 |
| 31 May 18 | 134 | 75 | 14 | 0 |
| 28 Feb 18 | 134 | 87 | 14 | 0 |
| 30 Nov 17 | 132 | 127 | 14 | 0 |
| 31 Aug 17 | 130 | 167 | 14 | 0 |
| 31 May 17 | 128 | 239 | 14 | 0 |
| 28 Feb 17 | 126 | 311 | 13 | 0 |
| 30 Nov 16 | 125 | 201 | 13 | 0 |
| 31 Aug 16 | 124 | 91 | 13 | 0 |
| 31 May 16 | 126 | -31 | 14 | 0 |
| 29 Feb 16 | 128 | -153 | 14 | 0 |
| 30 Nov 15 | 130 | -104 | 15 | 0 |
| 31 Aug 15 | 133 | -55 | 15 | 0 |
| 31 May 15 | 138 | -1 | 16 | 0 |
| 28 Feb 15 | 143 | 53 | 16 | 0 |
| 30 Nov 14 | 134 | 117 | 15 | 0 |
| 31 Aug 14 | 124 | 182 | 14 | 0 |
| 31 May 14 | 97 | 154 | 11 | 0 |
| 28 Feb 14 | 69 | 126 | 8 | 0 |
| 30 Nov 13 | 56 | 88 | 7 | 0 |
| 31 Aug 13 | 42 | 50 | 5 | 0 |
| 31 May 13 | 43 | 57 | 5 | 0 |
Quality Earnings: HYT has a large one-off gain of $103.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: HYT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HYT's earnings have declined by 11.9% per year over the past 5 years.
Accelerating Growth: HYT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HYT 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: HYT's Return on Equity (14.6%) is considered low.