Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund

NYSE:MFD Stock Report

Market Cap: US$71.5m

This company has been acquired

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

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund Past Earnings Performance

Past criteria checks 1/6

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund's earnings have been declining at an average annual rate of -14.5%, while the Capital Markets industry saw earnings growing at 8.1% annually. Revenues have been declining at an average rate of 9.2% per year. Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund's return on equity is 3%, and it has net margins of 29.3%.

Key information

-14.54%

Earnings growth rate

-14.54%

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate-9.22%
Return on equity3.02%
Net Margin29.31%
Last Earnings Update31 May 2024

Recent past performance updates

No updates

Recent updates

MFD: A Nice Infrastructure CEF With International Exposure

Aug 18

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend

Feb 13

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund declares $0.20 dividend

Nov 11

Evaluating CEFs: MFD Lacks Long-Term Coverage Of Generous Distribution

Jun 22

Revenue & Expenses Breakdown

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

NYSE:MFD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 May 247210
29 Feb 247210
30 Nov 237110
31 Aug 237-410
31 May 237-810
28 Feb 237-410
30 Nov 227120
31 Aug 227520
31 May 227920
28 Feb 2281120
30 Nov 2181210
31 Aug 2181520
31 May 2181720
28 Feb 218520
30 Nov 209-620
31 Aug 209-720
31 May 209-720
29 Feb 209220
30 Nov 19101220
31 Aug 1911820
31 May 1911520
28 Feb 1912-420
30 Nov 1813-1220
31 Aug 1812-1020
31 May 1812-820
28 Feb 1813420
30 Nov 17131620
31 Aug 17141320
31 May 17151120
28 Feb 1713720
30 Nov 1612320
31 Aug 1612-620
31 May 1613-1520
29 Feb 1614-1920
30 Nov 1515-2320
31 Aug 1515-1420
31 May 1515-420
28 Feb 1514830
30 Nov 14132130
31 Aug 14122620
31 May 14113220
28 Feb 14122520
30 Nov 13141820

Quality Earnings: MFD has a large one-off loss of $2.1M impacting its last 12 months of financial results to 31st May, 2024.

Growing Profit Margin: MFD became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MFD's earnings have declined by 14.5% per year over the past 5 years.

Accelerating Growth: MFD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MFD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (15.3%).


Return on Equity

High ROE: MFD's Return on Equity (3%) is considered low.


Return on Assets


Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/09/23 15:41
End of Day Share Price 2024/09/23 00:00
Earnings2024/05/31
Annual Earnings2023/11/30

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

Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristoph RollenhagenOppenheimer & Co. Inc.