BlackRock MuniYield Michigan Quality Fund Past Earnings Performance
Past criteria checks 0/6
BlackRock MuniYield Michigan Quality Fund's earnings have been declining at an average annual rate of -51.4%, while the Capital Markets industry saw earnings growing at 9.3% annually. Revenues have been declining at an average rate of 4.5% per year.
Key information
-51.4%
Earnings growth rate
-51.5%
EPS growth rate
Capital Markets Industry Growth | 10.3% |
Revenue growth rate | -4.5% |
Return on equity | -1.1% |
Net Margin | -17.5% |
Last Earnings Update | 31 Jul 2023 |
Recent past performance updates
No updates
Recent updates
BlackRock MuniYield Michigan Quality Fund declares $0.0405 dividend
Feb 03BlackRock MuniYield Michigan Quality Fund cut monthly dividend by -8% to $0.0405 /share
Dec 09BlackRock MuniYield Michigan Quality Fund declares $0.044 dividend
Nov 07BlackRock MuniYield Michigan Quality Fund declines dividend by 21.4% to $0.044
Oct 06BlackRock MuniYield Michigan Quality Fund declares $0.056 dividend
Aug 02BlackRock MuniYield Michigan Quality Fund declares $0.056 dividend
Jul 05BlackRock MuniYield Michigan Quality Fund declares $0.056 dividend
May 07BlackRock MuniYield Michigan Quality Fund declares $0.056 dividend
Feb 04BlackRock MuniYield Michigan Quality Fund declares $0.056 dividend
Jan 05BlackRock MuniYield Michigan Quality Fund declares $0.056 dividend
Dec 04BlackRock MuniYield Michigan Quality Fund declares $0.056 dividend
Nov 03Revenue & Expenses BreakdownBeta
How BlackRock MuniYield Michigan Quality 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 |
---|---|---|---|---|
31 Jul 23 | 25 | -4 | 3 | 0 |
30 Apr 23 | 25 | -21 | 3 | 0 |
31 Jan 23 | 25 | -37 | 4 | 0 |
31 Oct 22 | 25 | -45 | 4 | 0 |
31 Jul 22 | 25 | -54 | 4 | 0 |
30 Apr 22 | 26 | -31 | 4 | 0 |
31 Jan 22 | 26 | -9 | 4 | 0 |
31 Oct 21 | 26 | 7 | 4 | 0 |
31 Jul 21 | 27 | 24 | 4 | 0 |
30 Apr 21 | 27 | 20 | 4 | 0 |
31 Jan 21 | 27 | 16 | 5 | 0 |
31 Oct 20 | 28 | 20 | 5 | 0 |
31 Jul 20 | 28 | 23 | 6 | 0 |
30 Apr 20 | 29 | 37 | 6 | 0 |
31 Jan 20 | 29 | 51 | 6 | 0 |
31 Oct 19 | 29 | 44 | 5 | 0 |
31 Jul 19 | 29 | 38 | 5 | 0 |
30 Apr 19 | 29 | 25 | 4 | 0 |
31 Jan 19 | 30 | 12 | 4 | 0 |
31 Oct 18 | 30 | 10 | 4 | 0 |
31 Jul 18 | 30 | 8 | 4 | 0 |
30 Apr 18 | 30 | 17 | 4 | 0 |
31 Jan 18 | 30 | 25 | 4 | 0 |
31 Oct 17 | 30 | 11 | 4 | 0 |
31 Jul 17 | 31 | -3 | 4 | 0 |
30 Apr 17 | 31 | -1 | 4 | 0 |
31 Jan 17 | 31 | 1 | 4 | 0 |
31 Oct 16 | 30 | 26 | 4 | 0 |
31 Jul 16 | 29 | 51 | 4 | 0 |
30 Apr 16 | 26 | 35 | 4 | 0 |
31 Jan 16 | 24 | 20 | 3 | 0 |
31 Oct 15 | 21 | 20 | 3 | 0 |
31 Jul 15 | 19 | 20 | 3 | 0 |
30 Apr 15 | 19 | 34 | 3 | 0 |
31 Jan 15 | 19 | 48 | 3 | 0 |
31 Oct 14 | 20 | 42 | 2 | 0 |
31 Jul 14 | 20 | 36 | 2 | 0 |
30 Apr 14 | 20 | 10 | 2 | 0 |
31 Jan 14 | 20 | -16 | 2 | 0 |
31 Oct 13 | 20 | -18 | 3 | 0 |
31 Jul 13 | 21 | -20 | 3 | 0 |
30 Apr 13 | 21 | 1 | 3 | 0 |
Quality Earnings: MIY is currently unprofitable.
Growing Profit Margin: MIY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIY is unprofitable, and losses have increased over the past 5 years at a rate of 51.4% per year.
Accelerating Growth: Unable to compare MIY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MIY is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-4.3%).
Return on Equity
High ROE: MIY has a negative Return on Equity (-1.15%), as it is currently unprofitable.