MFS Government Markets Income Trust Past Earnings Performance
Past criteria checks 2/6
MFS Government Markets Income Trust's earnings have been declining at an average annual rate of -51.1%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 9.7% per year. MFS Government Markets Income Trust's return on equity is 0.5%, and it has net margins of 11.7%.
Key information
-51.1%
Earnings growth rate
-51.1%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -9.7% |
| Return on equity | 0.5% |
| Net Margin | 11.7% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
MGF: Transforming Treasury Returns Into A 7.8% Yield
Feb 15MFS Government Markets Income Trust declares $0.0215 dividend
Feb 03MFS Government Markets Income Trust declares $0.0214 dividend
Jan 03MFS Government Markets Income Trust monthly declines by -3.7% to $0.0209/share
Nov 03MFS Government Markets Income Trust declines by -90.4% to $0.0217/share
Oct 03MFS Government Markets Income Trust declares $0.227 dividend
Sep 01MFS Government Markets Income Trust declares $0.0227 dividend
Aug 02MFS Government Markets Income Trust declares $0.0226 dividend
Jul 05MFS Government Markets Income Trust declares $0.0273 dividend
May 07MFS Government Markets Income Trust declares $0.028340 dividend
Feb 04MFS Government Markets Income Trust declares $0.02854 dividend
Jan 05MFS Government Markets Income Trust declares $0.0288 dividend
Nov 03Revenue & Expenses BreakdownBeta
How MFS Government Markets 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 |
|---|---|---|---|---|
| 30 Nov 23 | 4 | 0 | 1 | 0 |
| 31 Aug 23 | 4 | -1 | 1 | 0 |
| 31 May 23 | 4 | -3 | 1 | 0 |
| 28 Feb 23 | 3 | -10 | 1 | 0 |
| 30 Nov 22 | 3 | -17 | 1 | 0 |
| 31 Aug 22 | 3 | -14 | 1 | 0 |
| 31 May 22 | 3 | -11 | 1 | 0 |
| 28 Feb 22 | 3 | -7 | 1 | 0 |
| 30 Nov 21 | 4 | -2 | 1 | 0 |
| 31 Aug 21 | 4 | -1 | 1 | 0 |
| 31 May 21 | 4 | -1 | 1 | 0 |
| 28 Feb 21 | 4 | 5 | 1 | 0 |
| 30 Nov 20 | 5 | 11 | 1 | 0 |
| 31 Aug 20 | 5 | 13 | 1 | 0 |
| 31 May 20 | 5 | 14 | 1 | 0 |
| 29 Feb 20 | 5 | 14 | 1 | 0 |
| 30 Nov 19 | 5 | 15 | 1 | 0 |
| 31 Aug 19 | 5 | 12 | 1 | 0 |
| 31 May 19 | 5 | 9 | 1 | 0 |
| 28 Feb 19 | 5 | 3 | 1 | 0 |
| 30 Nov 18 | 5 | -3 | 1 | 0 |
| 31 Aug 18 | 5 | -2 | 1 | 0 |
| 31 May 18 | 5 | -1 | 1 | 0 |
| 28 Feb 18 | 6 | 1 | 1 | 0 |
| 30 Nov 17 | 6 | 4 | 1 | 0 |
| 31 Aug 17 | 6 | 2 | 1 | 0 |
| 31 May 17 | 6 | 1 | 1 | 0 |
| 28 Feb 17 | 6 | 2 | 1 | 0 |
| 30 Nov 16 | 6 | 3 | 1 | 0 |
| 31 Aug 16 | 7 | 4 | 1 | 0 |
| 31 May 16 | 7 | 4 | 1 | 0 |
| 29 Feb 16 | 7 | 3 | 1 | 0 |
| 30 Nov 15 | 7 | 1 | 1 | 0 |
| 31 Aug 15 | 7 | 3 | 1 | 0 |
| 31 May 15 | 7 | 5 | 1 | 0 |
| 28 Feb 15 | 7 | 7 | 1 | 0 |
| 30 Nov 14 | 7 | 9 | 2 | 0 |
| 31 Aug 14 | 8 | 6 | 2 | 0 |
| 31 May 14 | 8 | 4 | 2 | 0 |
| 28 Feb 14 | 8 | -1 | 2 | 0 |
| 30 Nov 13 | 8 | -5 | 2 | 0 |
| 31 Aug 13 | 8 | -2 | 2 | 0 |
| 31 May 13 | 9 | 1 | 2 | 0 |
Quality Earnings: MGF has a large one-off loss of $2.4M impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: MGF became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGF has become profitable over the past 5 years, growing earnings by -51.1% per year.
Accelerating Growth: MGF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MGF 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: MGF's Return on Equity (0.5%) is considered low.