BlackRock MuniHoldings California Quality Fund Past Earnings Performance
Past criteria checks 1/6
BlackRock MuniHoldings California Quality Fund's earnings have been declining at an average annual rate of -51.4%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 17.3% per year. BlackRock MuniHoldings California Quality Fund's return on equity is 1.2%, and it has net margins of 18.2%.
Key information
-51.4%
Earnings growth rate
-51.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 17.3% |
| Return on equity | 1.2% |
| Net Margin | 18.2% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
MUC: When Discounts Aren't Enough (Rating Downgrade)
Jul 28MUC Vs. NAC: Comparing California Quality Muni Funds
Jun 02BlackRock MuniHoldings California Quality Fund declares $0.0385 dividend
Feb 03BlackRock MuniHoldings California Quality Fund raises monthly dividend by 14.3% to $0.044/share
Dec 09BlackRock MuniHoldings California Quality Fund declares $0.044 dividend
Nov 07BlackRock MuniHoldings California Quality Fund declines dividend by 20% to $0.044
Oct 06BlackRock MuniHoldings California Quality Fund declares $0.055 dividend
Aug 02MUC: There Is Value At These Levels
Jul 19BlackRock MuniHoldings California Quality Fund declares $0.055 dividend
May 07BlackRock MuniHoldings California Quality Fund declares $0.055 dividend
Dec 04Revenue & Expenses BreakdownBeta
How BlackRock MuniHoldings California 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 Jan 24 | 77 | 14 | 10 | 0 |
| 31 Oct 23 | 76 | -8 | 11 | 0 |
| 31 Jul 23 | 76 | -30 | 11 | 0 |
| 30 Apr 23 | 73 | -55 | 11 | 0 |
| 31 Jan 23 | 70 | -80 | 10 | 0 |
| 31 Oct 22 | 59 | -88 | 9 | 0 |
| 31 Jul 22 | 48 | -95 | 8 | 0 |
| 30 Apr 22 | 41 | -57 | 7 | 0 |
| 31 Jan 22 | 35 | -20 | 6 | 0 |
| 31 Oct 21 | 35 | 8 | 6 | 0 |
| 31 Jul 21 | 36 | 36 | 6 | 0 |
| 30 Apr 21 | 36 | 33 | 6 | 0 |
| 31 Jan 21 | 37 | 30 | 6 | 0 |
| 31 Oct 20 | 37 | 34 | 6 | 0 |
| 31 Jul 20 | 37 | 38 | 6 | 0 |
| 30 Apr 20 | 37 | 56 | 6 | 0 |
| 31 Jan 20 | 38 | 73 | 6 | 0 |
| 31 Oct 19 | 38 | 59 | 6 | 0 |
| 31 Jul 19 | 39 | 45 | 6 | 0 |
| 30 Apr 19 | 39 | 26 | 6 | 0 |
| 31 Jan 19 | 40 | 8 | 6 | 0 |
| 31 Oct 18 | 40 | 7 | 6 | 0 |
| 31 Jul 18 | 41 | 7 | 6 | 0 |
| 30 Apr 18 | 41 | 17 | 6 | 0 |
| 31 Jan 18 | 41 | 28 | 6 | 0 |
| 31 Oct 17 | 41 | 9 | 6 | 0 |
| 31 Jul 17 | 41 | -10 | 6 | 0 |
| 30 Apr 17 | 41 | -7 | 6 | 0 |
| 31 Jan 17 | 41 | -4 | 6 | 0 |
| 31 Oct 16 | 41 | 29 | 6 | 0 |
| 31 Jul 16 | 42 | 63 | 6 | 0 |
| 30 Apr 16 | 42 | 45 | 6 | 0 |
| 31 Jan 16 | 42 | 26 | 6 | 0 |
| 31 Oct 15 | 42 | 29 | 6 | 0 |
| 31 Jul 15 | 41 | 32 | 6 | 0 |
| 30 Apr 15 | 41 | 57 | 6 | 0 |
| 31 Jan 15 | 41 | 82 | 6 | 0 |
| 31 Oct 14 | 42 | 85 | 6 | 0 |
| 31 Jul 14 | 43 | 89 | 6 | 0 |
| 30 Apr 14 | 44 | 34 | 6 | 0 |
| 31 Jan 14 | 44 | -21 | 6 | 0 |
| 31 Oct 13 | 45 | -30 | 6 | 0 |
| 31 Jul 13 | 45 | -39 | 6 | 0 |
Quality Earnings: MUC has a large one-off loss of $16.4M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: MUC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MUC's earnings have declined by 51.4% per year over the past 5 years.
Accelerating Growth: MUC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MUC 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: MUC's Return on Equity (1.2%) is considered low.