Nuveen Municipal Credit Opportunities Fund Past Earnings Performance
Past criteria checks 0/6
Nuveen Municipal Credit Opportunities Fund's earnings have been declining at an average annual rate of -37.3%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 1.2% per year.
Key information
-37.3%
Earnings growth rate
-63.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 1.2% |
| Return on equity | -4.7% |
| Net Margin | -45.9% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
NMCO And NMZ: Two Previous Buy Ratings Dismantled By The FOMC
Oct 04Nuveen Municipal Credit Opportunities Fund declares $0.0525 dividend
Feb 07Nuveen Municipal Credit Opportunities Fund dividend declines by 8.7% to $0.0525
Jan 11Nuveen Municipal Credit Opportunities Fund declares $0.0575 dividend
Dec 06Nuveen Municipal Credit Opportunities Fund declares $0.0575 dividend
Oct 06Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend
Sep 02Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend
Aug 08Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend
Jul 06Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend
May 10Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend
Jan 05Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend
Dec 02Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend
Nov 03Revenue & Expenses BreakdownBeta
How Nuveen Municipal Credit Opportunities 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 | 56 | -26 | 12 | 0 |
| 31 Jul 23 | 60 | -29 | 12 | 0 |
| 30 Apr 23 | 64 | -33 | 12 | 0 |
| 31 Jan 23 | 63 | -113 | 12 | 0 |
| 31 Oct 22 | 62 | -193 | 12 | 0 |
| 31 Jul 22 | 61 | -124 | 12 | 0 |
| 30 Apr 22 | 59 | -55 | 13 | 0 |
| 31 Jan 22 | 60 | 63 | 13 | 0 |
| 31 Oct 21 | 61 | 181 | 13 | 0 |
| 31 Jul 21 | 61 | 208 | 12 | 0 |
| 30 Apr 21 | 61 | 234 | 12 | 0 |
| 31 Jan 21 | 58 | 76 | 11 | 0 |
| 31 Oct 20 | 55 | -82 | 11 | 0 |
| 31 Oct 19 | 39 | 50 | 10 | 0 |
Quality Earnings: NMCO is currently unprofitable.
Growing Profit Margin: NMCO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NMCO is unprofitable, and losses have increased over the past 5 years at a rate of 37.3% per year.
Accelerating Growth: Unable to compare NMCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NMCO is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: NMCO has a negative Return on Equity (-4.66%), as it is currently unprofitable.