Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Past Earnings Performance
Past criteria checks 4/6
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund has been growing earnings at an average annual rate of 3.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 12.2% per year. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund's return on equity is 1.7%, and it has net margins of 17.4%.
Key information
3.9%
Earnings growth rate
3.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -12.2% |
| Return on equity | 1.7% |
| Net Margin | 17.4% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
MFD: A Nice Infrastructure CEF With International Exposure
Aug 18Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend
Feb 13Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend
Nov 11Evaluating CEFs: MFD Lacks Long-Term Coverage Of Generous Distribution
Jun 22Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend
May 10Revenue & Expenses BreakdownBeta
How Macquarie/First Trust Global Infrastructure/Utilities Dividend & 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 | 7 | 1 | 1 | 0 |
| 31 Aug 23 | 7 | -4 | 1 | 0 |
| 31 May 23 | 7 | -8 | 1 | 0 |
| 28 Feb 23 | 7 | -4 | 1 | 0 |
| 30 Nov 22 | 7 | 1 | 2 | 0 |
| 31 Aug 22 | 7 | 5 | 2 | 0 |
| 31 May 22 | 7 | 9 | 2 | 0 |
| 28 Feb 22 | 8 | 11 | 2 | 0 |
| 30 Nov 21 | 8 | 12 | 1 | 0 |
| 31 Aug 21 | 8 | 15 | 2 | 0 |
| 31 May 21 | 8 | 17 | 2 | 0 |
| 28 Feb 21 | 8 | 5 | 2 | 0 |
| 30 Nov 20 | 9 | -6 | 2 | 0 |
| 31 Aug 20 | 9 | -7 | 2 | 0 |
| 31 May 20 | 9 | -7 | 2 | 0 |
| 29 Feb 20 | 9 | 2 | 2 | 0 |
| 30 Nov 19 | 10 | 12 | 2 | 0 |
| 31 Aug 19 | 11 | 8 | 2 | 0 |
| 31 May 19 | 11 | 5 | 2 | 0 |
| 28 Feb 19 | 12 | -4 | 2 | 0 |
| 30 Nov 18 | 13 | -12 | 2 | 0 |
| 31 Aug 18 | 12 | -10 | 2 | 0 |
| 31 May 18 | 12 | -8 | 2 | 0 |
| 28 Feb 18 | 13 | 4 | 2 | 0 |
| 30 Nov 17 | 13 | 16 | 2 | 0 |
| 31 Aug 17 | 14 | 13 | 2 | 0 |
| 31 May 17 | 15 | 11 | 2 | 0 |
| 28 Feb 17 | 13 | 7 | 2 | 0 |
| 30 Nov 16 | 12 | 3 | 2 | 0 |
| 31 Aug 16 | 12 | -6 | 2 | 0 |
| 31 May 16 | 13 | -15 | 2 | 0 |
| 29 Feb 16 | 14 | -19 | 2 | 0 |
| 30 Nov 15 | 15 | -23 | 2 | 0 |
| 31 Aug 15 | 15 | -14 | 2 | 0 |
| 31 May 15 | 15 | -4 | 2 | 0 |
| 28 Feb 15 | 14 | 8 | 3 | 0 |
| 30 Nov 14 | 13 | 21 | 3 | 0 |
| 31 Aug 14 | 12 | 26 | 2 | 0 |
| 31 May 14 | 11 | 32 | 2 | 0 |
| 28 Feb 14 | 12 | 25 | 2 | 0 |
| 30 Nov 13 | 14 | 18 | 2 | 0 |
| 31 Aug 13 | 15 | 23 | 2 | 0 |
| 31 May 13 | 15 | 28 | 2 | 0 |
Quality Earnings: MFD has a large one-off loss of $2.7M impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: MFD's current net profit margins (17.4%) are higher than last year (10.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MFD has become profitable over the past 5 years, growing earnings by 3.9% per year.
Accelerating Growth: MFD's earnings growth over the past year (88.6%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: MFD earnings growth over the past year (88.6%) exceeded the Capital Markets industry 3.3%.
Return on Equity
High ROE: MFD's Return on Equity (1.7%) is considered low.