Nuveen AMT-Free Quality Municipal Income Fund Past Earnings Performance
Past criteria checks 2/6
Nuveen AMT-Free Quality Municipal Income Fund's earnings have been declining at an average annual rate of -42.9%, while the Capital Markets industry saw earnings growing at 10.1% annually. Revenues have been declining at an average rate of 0.3% per year. Nuveen AMT-Free Quality Municipal Income Fund's return on equity is 1%, and it has net margins of 12.9%.
Key information
-42.9%
Earnings growth rate
-43.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -0.3% |
| Return on equity | 1.0% |
| Net Margin | 12.9% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
NEA: Looking At The Positives, And A Future Concern
Jan 16NEA Offering Deepest Discount Among Nuveen Municipal CEFs
Oct 14NEA: The Leverage Hurdle Was Too High To Climb
Jun 14Nuveen AMT-Free Quality Municipal Income Fund declares $0.035 dividend
Feb 07Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend
Dec 06Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend
Nov 04Nuveen AMT-Free Quality Municipal Income Fund declares $0.0445 dividend
Oct 06Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend
Sep 02Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend
Aug 08NEA: Can This Fund Keep Moving Higher? Reasons Why I Think So
Jul 29Nuveen AMT-Free Quality Municipal Income Fund declares $0.0525 dividend
Jul 06NEA: An Opportunity To Buy What Everyone Is Selling
Mar 25NEA: A Neutral Rating Still Makes Sense Here
Nov 05NEA: Looking A Bit Pricey, But So Is Everything Else
Jul 05Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
May 10Nuveen AMT-Free Quality Municipal Income Fund goes ex-dividend tomorrow
Feb 03Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
Jan 05NEA: Outperformer With A 4.7% Yield Is A Benchmark For Muni Bond Investors
Dec 09Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
Dec 02Nuveen AMT-Free Quality Municipal Income Fund declares $0.0585 dividend
Nov 03Revenue & Expenses BreakdownBeta
How Nuveen AMT-Free Quality Municipal Income 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 Oct 23 | 268 | 35 | 49 | 0 |
| 31 Jul 23 | 268 | 11 | 49 | 0 |
| 30 Apr 23 | 268 | -13 | 50 | 0 |
| 31 Jan 23 | 266 | -539 | 51 | 0 |
| 31 Oct 22 | 263 | -1,066 | 52 | 0 |
| 31 Jul 22 | 263 | -826 | 54 | 0 |
| 30 Apr 22 | 263 | -586 | 55 | 0 |
| 31 Jan 22 | 266 | -166 | 55 | 0 |
| 31 Oct 21 | 269 | 255 | 55 | 0 |
| 31 Jul 21 | 270 | 435 | 54 | 0 |
| 30 Apr 21 | 270 | 616 | 52 | 0 |
| 31 Jan 21 | 270 | 390 | 51 | 0 |
| 31 Oct 20 | 271 | 163 | 50 | 0 |
| 31 Jul 20 | 270 | 89 | 50 | 0 |
| 30 Apr 20 | 270 | 14 | 49 | 0 |
| 31 Jan 20 | 269 | 278 | 49 | 0 |
| 31 Oct 19 | 268 | 542 | 48 | 0 |
| 31 Jul 19 | 269 | 414 | 48 | 0 |
| 30 Apr 19 | 270 | 285 | 48 | 0 |
| 31 Jan 19 | 269 | 112 | 48 | 0 |
| 31 Oct 18 | 268 | -61 | 49 | 0 |
| 31 Jul 18 | 266 | 40 | 48 | 0 |
| 30 Apr 18 | 264 | 142 | 48 | 0 |
| 31 Jan 18 | 263 | 130 | 48 | 0 |
| 31 Oct 17 | 262 | 118 | 48 | 0 |
| 31 Jul 17 | 229 | 1 | 43 | 0 |
| 30 Apr 17 | 196 | -115 | 37 | 0 |
| 31 Jan 17 | 149 | -40 | 29 | 0 |
| 31 Oct 16 | 102 | 36 | 20 | 0 |
| 31 Jul 16 | 89 | 69 | 18 | 0 |
| 30 Apr 16 | 76 | 103 | 15 | 0 |
| 31 Jan 16 | 77 | 71 | 15 | 0 |
| 31 Oct 15 | 78 | 39 | 15 | 0 |
| 31 Jul 15 | 79 | 71 | 15 | 0 |
| 30 Apr 15 | 79 | 102 | 15 | 0 |
| 31 Jan 15 | 80 | 138 | 15 | 0 |
| 31 Oct 14 | 80 | 175 | 15 | 0 |
| 31 Jul 14 | 79 | 79 | 15 | 0 |
| 30 Apr 14 | 79 | -16 | 15 | 0 |
| 31 Jan 14 | 65 | -58 | 12 | 0 |
| 31 Oct 13 | 50 | -100 | 10 | 0 |
| 31 Jul 13 | 37 | -39 | 7 | 0 |
| 30 Apr 13 | 24 | 22 | 4 | 0 |
Quality Earnings: NEA has a large one-off loss of $96.6M impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: NEA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NEA has become profitable over the past 5 years, growing earnings by -42.9% per year.
Accelerating Growth: NEA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NEA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.3%).
Return on Equity
High ROE: NEA's Return on Equity (1%) is considered low.