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 0/6

Nuveen California Quality Municipal Income Fund's earnings have been declining at an average annual rate of -58.4%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 3.6% per year.

Key information

-58.4%

Earnings growth rate

-58.4%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate-3.6%
Return on equity-1.9%
Net Margin-25.9%
Last Earnings Update31 Aug 2023

Recent past performance updates

No updates

Recent updates

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

Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend

May 10

Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend

Jan 05

Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend

Dec 02

Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend

Nov 03

Revenue & Expenses Breakdown
Beta

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
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
28 Feb 1426-860
30 Nov 1326-1950
31 Aug 1326-3050
31 May 1326850

Quality Earnings: NAC is currently unprofitable.

Growing Profit Margin: NAC is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NAC is unprofitable, and losses have increased over the past 5 years at a rate of 58.4% per year.

Accelerating Growth: Unable to compare NAC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NAC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).


Return on Equity

High ROE: NAC has a negative Return on Equity (-1.95%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.