BlackRock MuniYield Quality Fund III Past Earnings Performance
Past criteria checks 2/6
BlackRock MuniYield Quality Fund III's earnings have been declining at an average annual rate of -47.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 2% per year. BlackRock MuniYield Quality Fund III's return on equity is 2.9%, and it has net margins of 41.8%.
Key information
-47.9%
Earnings growth rate
-47.8%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -2.0% |
| Return on equity | 2.9% |
| Net Margin | 41.8% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
BlackRock MuniYield Quality Fund III declares $0.0405 dividend
Feb 03BlackRock MuniYield Quality Fund III declares $0.0405 dividend
Dec 12BlackRock MuniYield Quality Fund III declares $0.0405 dividend
Nov 07BlackRock MuniYield Quality Fund III declines dividend by 21.4% to $0.0405
Oct 06BlackRock MuniYield Quality Fund III declares $0.0515 dividend
Sep 02BlackRock MuniYield Quality Fund III declares $0.0515 dividend
Aug 02BlackRock MuniYield Quality Fund III declares $0.0515 dividend
Jul 05BlackRock MuniYield Quality III Fund declares $0.051 dividend
May 07BlackRock MuniYield Quality III Fund declares $0.0515 dividend
Feb 04BlackRock MuniYield Quality III Fund declares $0.0515 dividend
Jan 05BlackRock MuniYield Quality III Fund declares $0.0515 dividend
Dec 04Revenue & Expenses BreakdownBeta
How BlackRock MuniYield Quality Fund III 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 | 59 | 25 | 7 | 0 |
| 31 Oct 23 | 59 | 11 | 7 | 0 |
| 31 Jul 23 | 58 | -3 | 7 | 0 |
| 30 Apr 23 | 57 | -42 | 8 | 0 |
| 31 Jan 23 | 57 | -82 | 9 | 0 |
| 31 Oct 22 | 56 | -109 | 10 | 0 |
| 31 Jul 22 | 56 | -135 | 11 | 0 |
| 30 Apr 22 | 56 | -79 | 12 | 0 |
| 31 Jan 22 | 57 | -24 | 12 | 0 |
| 31 Oct 21 | 57 | 29 | 12 | 0 |
| 31 Jul 21 | 58 | 83 | 12 | 0 |
| 30 Apr 21 | 58 | 65 | 12 | 0 |
| 31 Jan 21 | 58 | 47 | 11 | 0 |
| 31 Oct 20 | 59 | 49 | 11 | 0 |
| 31 Jul 20 | 59 | 52 | 11 | 0 |
| 30 Apr 20 | 60 | 98 | 11 | 0 |
| 31 Jan 20 | 60 | 144 | 11 | 0 |
| 31 Oct 19 | 62 | 121 | 11 | 0 |
| 31 Jul 19 | 63 | 97 | 10 | 0 |
| 30 Apr 19 | 64 | 59 | 9 | 0 |
| 31 Jan 19 | 65 | 21 | 9 | 0 |
| 31 Oct 18 | 66 | 19 | 9 | 0 |
| 31 Jul 18 | 67 | 16 | 9 | 0 |
| 30 Apr 18 | 68 | 35 | 9 | 0 |
| 31 Jan 18 | 69 | 54 | 9 | 0 |
| 31 Oct 17 | 70 | 20 | 9 | 0 |
| 31 Jul 17 | 71 | -14 | 9 | 0 |
| 30 Apr 17 | 71 | -10 | 9 | 0 |
| 31 Jan 17 | 72 | -6 | 9 | 0 |
| 31 Oct 16 | 72 | 50 | 9 | 0 |
| 31 Jul 16 | 72 | 107 | 9 | 0 |
| 30 Apr 16 | 72 | 68 | 9 | 0 |
| 31 Jan 16 | 72 | 30 | 9 | 0 |
| 31 Oct 15 | 73 | 43 | 9 | 0 |
| 31 Jul 15 | 73 | 57 | 9 | 0 |
| 30 Apr 15 | 74 | 109 | 9 | 0 |
| 31 Jan 15 | 74 | 162 | 9 | 0 |
| 31 Oct 14 | 74 | 151 | 9 | 0 |
| 31 Jul 14 | 75 | 141 | 9 | 0 |
| 30 Apr 14 | 75 | 52 | 9 | 0 |
| 31 Jan 14 | 75 | -37 | 9 | 0 |
| 31 Oct 13 | 75 | -46 | 9 | 0 |
| 31 Jul 13 | 75 | -55 | 9 | 0 |
Quality Earnings: MYI has high quality earnings.
Growing Profit Margin: MYI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MYI's earnings have declined by 47.9% per year over the past 5 years.
Accelerating Growth: MYI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MYI 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: MYI's Return on Equity (2.9%) is considered low.