MFS Municipal Income Trust Past Earnings Performance
Past criteria checks 1/6
MFS Municipal Income Trust's earnings have been declining at an average annual rate of -38.8%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 7.5% per year. MFS Municipal Income Trust's return on equity is 0.5%, and it has net margins of 7%.
Key information
-38.8%
Earnings growth rate
-38.8%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -7.5% |
| Return on equity | 0.5% |
| Net Margin | 7.0% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
MFS Municipal Income Trust raises by dividend 8.6% to $0.019
Feb 03MFS Municipal Income Trust declares $0.0175 dividend
Jan 03MFS Municipal Income Trust monthly dividend declines by -5.1% to $0.0185 /share
Nov 03MFS Municipal Income Trust declares $0.0195 dividend
Sep 01MFS Municipal Income Trust declares $0.0205 dividend
Aug 02MFS Municipal Income Trust declares $0.0205 dividend
Jul 05MFS Municipal Income Trust declares $0.026 dividend
May 10MFS Municipal Income Trust declares $0.026 dividend
Feb 04MFS Municipal Income Trust declares $0.026 dividend
Jan 05MFS Municipal Income Trust declares $0.026 dividend
Nov 03Revenue & Expenses BreakdownBeta
How MFS Municipal Income Trust 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 Oct 23 | 17 | 1 | 3 | 0 |
| 31 Jul 23 | 16 | -3 | 3 | 0 |
| 30 Apr 23 | 16 | -7 | 3 | 0 |
| 31 Jan 23 | 15 | -37 | 3 | 0 |
| 31 Oct 22 | 15 | -68 | 3 | 0 |
| 31 Jul 22 | 16 | -51 | 3 | 0 |
| 30 Apr 22 | 16 | -33 | 3 | 0 |
| 31 Jan 22 | 16 | -4 | 3 | 0 |
| 31 Oct 21 | 16 | 24 | 3 | 0 |
| 31 Jul 21 | 17 | 37 | 3 | 0 |
| 30 Apr 21 | 17 | 49 | 3 | 0 |
| 31 Jan 21 | 17 | 24 | 3 | 0 |
| 31 Oct 20 | 18 | -2 | 3 | 0 |
| 31 Jul 20 | 18 | -9 | 3 | 0 |
| 30 Apr 20 | 19 | -16 | 3 | 0 |
| 31 Jan 20 | 20 | 7 | 3 | 0 |
| 31 Oct 19 | 21 | 29 | 3 | 0 |
| 31 Jul 19 | 21 | 23 | 3 | 0 |
| 30 Apr 19 | 21 | 17 | 3 | 0 |
| 31 Jan 19 | 21 | 10 | 3 | 0 |
| 31 Oct 18 | 22 | 3 | 3 | 0 |
| 31 Jul 18 | 22 | 8 | 3 | 0 |
| 30 Apr 18 | 22 | 12 | 3 | 0 |
| 31 Jan 18 | 22 | 11 | 3 | 0 |
| 31 Oct 17 | 22 | 9 | 3 | 0 |
| 31 Jul 17 | 22 | 7 | 3 | 0 |
| 30 Apr 17 | 22 | 5 | 3 | 0 |
| 31 Jan 17 | 22 | 14 | 3 | 0 |
| 31 Oct 16 | 22 | 23 | 4 | 0 |
| 31 Jul 16 | 22 | 23 | 3 | 0 |
| 30 Apr 16 | 22 | 24 | 3 | 0 |
| 31 Jan 16 | 22 | 20 | 3 | 0 |
| 31 Oct 15 | 22 | 17 | 3 | 0 |
| 31 Jul 15 | 22 | 23 | 3 | 0 |
| 30 Apr 15 | 22 | 30 | 3 | 0 |
| 31 Jan 15 | 22 | 37 | 3 | 0 |
| 31 Oct 14 | 22 | 43 | 3 | 0 |
| 31 Jul 14 | 22 | 20 | 3 | 0 |
| 30 Apr 14 | 22 | -2 | 3 | 0 |
| 31 Jan 14 | 23 | -8 | 3 | 0 |
| 31 Oct 13 | 23 | -14 | 4 | 0 |
| 31 Jul 13 | 23 | 8 | 4 | 0 |
Quality Earnings: MFM has a large one-off loss of $8.1M impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: MFM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MFM's earnings have declined by 38.8% per year over the past 5 years.
Accelerating Growth: MFM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MFM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: MFM's Return on Equity (0.5%) is considered low.