MFS Multimarket Income Trust Past Earnings Performance
Past criteria checks 2/6
MFS Multimarket Income Trust's earnings have been declining at an average annual rate of -29.2%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 3.3% per year. MFS Multimarket Income Trust's return on equity is 6.8%, and it has net margins of 77%.
Key information
-29.2%
Earnings growth rate
-28.4%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -3.3% |
| Return on equity | 6.8% |
| Net Margin | 77.0% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
MFS Multimarket Income Trust declares $0.0337 dividend
Feb 03MFS Multimarket Income Trust monthly dividend declines by -3.7% to $0.0313/share
Nov 03MFS Multimarket Income Trust raises dividend 3% to $0.034/shares
Sep 01MFS Multimarket Income Trust declares $0.033 dividend
Aug 02MFS Multimarket Income Trust declares $0.0336 dividend
Jul 05MFS Multimarket Income Trust: Appears Better Than Most Competitors
Oct 18MFS Multimarket Income Trust declares $0.0419 dividend
May 10MFS Multimarket Income Trust declares $0.0428 dividend
Feb 04MFS Multimarket Income Trust declares $0.04288 dividend
Jan 05MFS Multimarket Income Trust declares $0.0416 dividend
Nov 03Revenue & Expenses BreakdownBeta
How MFS Multimarket 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 | 23 | 18 | 3 | 0 |
| 31 Jul 23 | 23 | 11 | 3 | 0 |
| 30 Apr 23 | 22 | 5 | 3 | 0 |
| 31 Jan 23 | 21 | -26 | 3 | 0 |
| 31 Oct 22 | 19 | -58 | 3 | 0 |
| 31 Jul 22 | 19 | -44 | 3 | 0 |
| 30 Apr 22 | 19 | -30 | 3 | 0 |
| 31 Jan 22 | 20 | -2 | 3 | 0 |
| 31 Oct 21 | 21 | 26 | 3 | 0 |
| 31 Jul 21 | 21 | 43 | 3 | 0 |
| 30 Apr 21 | 21 | 61 | 3 | 0 |
| 31 Jan 21 | 22 | 38 | 3 | 0 |
| 31 Oct 20 | 22 | 16 | 3 | 0 |
| 31 Jul 20 | 23 | 8 | 3 | 0 |
| 30 Apr 20 | 24 | 0 | 3 | 0 |
| 31 Jan 20 | 24 | 25 | 3 | 0 |
| 31 Oct 19 | 25 | 51 | 3 | 0 |
| 31 Jul 19 | 24 | 39 | 3 | 0 |
| 30 Apr 19 | 24 | 26 | 3 | 0 |
| 31 Jan 19 | 24 | 9 | 3 | 0 |
| 31 Oct 18 | 23 | -8 | 4 | 0 |
| 31 Jul 18 | 24 | -1 | 4 | 0 |
| 30 Apr 18 | 24 | 7 | 4 | 0 |
| 31 Jan 18 | 26 | 19 | 4 | 0 |
| 31 Oct 17 | 27 | 31 | 4 | 0 |
| 31 Jul 17 | 28 | 38 | 4 | 0 |
| 30 Apr 17 | 29 | 44 | 4 | 0 |
| 31 Jan 17 | 30 | 41 | 4 | 0 |
| 31 Oct 16 | 31 | 37 | 4 | 0 |
| 31 Jul 16 | 31 | 16 | 4 | 0 |
| 30 Apr 16 | 32 | -5 | 4 | 0 |
| 31 Jan 16 | 32 | -5 | 4 | 0 |
| 31 Oct 15 | 33 | -5 | 4 | 0 |
| 31 Jul 15 | 34 | 8 | 5 | 0 |
| 30 Apr 15 | 34 | 21 | 5 | 0 |
| 31 Jan 15 | 35 | 27 | 5 | 0 |
| 31 Oct 14 | 36 | 33 | 5 | 0 |
| 31 Jul 14 | 37 | 25 | 5 | 0 |
| 30 Apr 14 | 38 | 17 | 5 | 0 |
| 31 Jan 14 | 39 | 21 | 5 | 0 |
| 31 Oct 13 | 40 | 24 | 5 | 0 |
| 31 Jul 13 | 41 | 45 | 5 | 0 |
Quality Earnings: MMT has a large one-off gain of $5.2M impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: MMT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MMT has become profitable over the past 5 years, growing earnings by -29.2% per year.
Accelerating Growth: MMT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MMT 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: MMT's Return on Equity (6.8%) is considered low.