Nuveen Floating Rate Income Opportunity Fund

NYSE:JRO Stock Report

Market Cap: US$319.5m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Nuveen Floating Rate Income Opportunity Fund Past Earnings Performance

Past criteria checks 0/6

Nuveen Floating Rate Income Opportunity Fund's earnings have been declining at an average annual rate of -9.2%, while the Capital Markets industry saw earnings growing at 15.5% annually. Revenues have been declining at an average rate of 6.2% per year.

Key information

-9.22%

Earnings growth rate

-9.22%

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate-6.16%
Return on equity-3.22%
Net Margin-29.34%
Last Earnings Update31 Jan 2023

Revenue & Expenses Breakdown

How Nuveen Floating Rate Income Opportunity Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:JRO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jan 2341-1260
31 Oct 2236-1160
31 Jul 2232-1160
30 Apr 22311260
31 Jan 22303560
31 Oct 21304960
31 Jul 21316460
30 Apr 21312950
31 Jan 2131-650
31 Oct 2034-2250
31 Jul 2036-3860
30 Apr 2039-460
31 Jan 20423160
31 Oct 19432060
31 Jul 1943860
30 Apr 1943760
31 Jan 1942560
31 Oct 18411460
31 Jul 18412360
30 Apr 18412270
31 Jan 18412270
31 Oct 17413460
31 Jul 17424760
30 Apr 17416160
31 Jan 17417660
31 Oct 16413860
31 Jul 1640160
30 Apr 1640-1660
31 Jan 1641-3460
31 Oct 1541-1470
31 Jul 1541570
30 Apr 1541670
31 Jan 1541770
31 Oct 14402170
31 Jul 14403570
30 Apr 14404060
31 Jan 14404560
31 Oct 13405060
31 Jul 13405650
30 Apr 13415650
31 Jan 13435650
31 Oct 12424240

Quality Earnings: JRO is currently unprofitable.

Growing Profit Margin: JRO is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: JRO is unprofitable, and losses have increased over the past 5 years at a rate of 9.2% per year.

Accelerating Growth: Unable to compare JRO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JRO is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (12%).


Return on Equity

High ROE: JRO has a negative Return on Equity (-3.22%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/01 12:46
End of Day Share Price 2023/07/28 00:00
Earnings2023/01/31
Annual Earnings2022/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nuveen Floating Rate Income Opportunity Fund is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.