Nuveen California Quality Municipal Income Fund

NYSE:NAC Stock Report

Market Cap: US$1.6b

Nuveen California Quality Municipal Income Fund Past Earnings Performance

Past criteria checks 1/6

There is insufficient data on Nuveen California Quality Municipal Income Fund's performance over the last few years.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate3.57%
Return on equity6.00%
Net Margin82.29%
Last Earnings Update29 Feb 2024

Recent past performance updates

No updates

Recent updates

NAC: Recent Pullback Makes Me A Bull Going Into 2025 (Rating Upgrade)

Dec 24

NAC: Quick, Sharp Gain Leads Me To A More Cautious Stance (Rating Downgrade)

Sep 16

NAC: Income Boost A Nice Tailwind For This California Muni CEF

Jun 09

NAC: Betting On A Fed Pivot

Nov 20

Nuveen CA Dividend Advantage Muni. Fund goes ex-dividend tomorrow

Feb 13

Nuveen CA Dividend Advantage Muni. Fund decreases monthly dividend by -19.1% to $0.036/share

Jan 11

Nuveen CA Dividend Advantage Muni. Fund declares $0.0445 dividend

Dec 06

Nuveen CA Dividend Advantage Muni. Fund declares $0.0445 dividend

Nov 04

Nuveen CA Dividend Advantage Muni. Fund reduces dividend by 13.6%

Oct 06

Nuveen CA Dividend Advantage Muni. Fund declares $0.0515 dividend

Aug 08

Nuveen CA Dividend Advantage Muni. Fund declares $0.0515 dividend

Jul 06

NAC: Cali Munis Have Some Merit At These Levels

Mar 07

Revenue & Expenses Breakdown

How Nuveen California Quality Municipal Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:NAC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
29 Feb 24135111220
30 Nov 2313538220
31 Aug 23134-35220
31 May 23132-161230
28 Feb 23131-287230
30 Nov 22130-332240
31 Aug 22130-376250
31 May 22130-202250
28 Feb 22130-27260
30 Nov 2112847260
31 Aug 21126120270
31 May 2112948270
28 Feb 21131-24270
30 Nov 2013615270
31 Aug 2014255270
31 May 20144202270
29 Feb 20146348270
30 Nov 19147305270
31 Aug 19148261270
31 May 19149163270
28 Feb 1915064270
30 Nov 1815039280
31 Aug 1815015290
31 May 1815154290
28 Feb 1815192300
30 Nov 1714844300
31 Aug 17146-4300
31 May 17137-7280
28 Feb 17128-9260
30 Nov 16122108250
31 Aug 16117226230
31 May 16118168230
29 Feb 16119111220
30 Nov 15120104220
31 Aug 1512196220
31 May 15110131200
28 Feb 1598166180
30 Nov 1474142140
31 Aug 1450119100
31 May 14385680

Quality Earnings: NAC has a large one-off gain of $48.7M impacting its last 12 months of financial results to 29th February, 2024.

Growing Profit Margin: NAC became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NAC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: NAC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NAC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (18.2%).


Return on Equity

High ROE: NAC's Return on Equity (6%) is considered low.


Return on Assets


Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/19 07:48
End of Day Share Price 2025/05/16 00:00
Earnings2024/02/29
Annual Earnings2024/02/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nuveen California Quality Municipal Income Fund is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.