Nuveen Municipal Credit Opportunities Fund Past Earnings Performance
Past criteria checks 1/6
Nuveen Municipal Credit Opportunities Fund's earnings have been declining at an average annual rate of -17.6%, while the Capital Markets industry saw earnings growing at 8.4% annually. Revenues have been growing at an average rate of 3.2% per year. Nuveen Municipal Credit Opportunities Fund's return on equity is 19.9%, and it has net margins of 210.3%.
Key information
-17.62%
Earnings growth rate
-19.70%
EPS growth rate
| Capital Markets Industry Growth | 10.26% |
| Revenue growth rate | 3.15% |
| Return on equity | 19.93% |
| Net Margin | 210.29% |
| Last Earnings Update | 31 Oct 2024 |
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 06Revenue & Expenses Breakdown
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 24 | 61 | 128 | 11 | 0 |
| 31 Jul 24 | 60 | 68 | 11 | 0 |
| 30 Apr 24 | 59 | 8 | 11 | 0 |
| 31 Jan 24 | 58 | -9 | 11 | 0 |
| 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 has a large one-off gain of $112.7M impacting its last 12 months of financial results to 31st October, 2024.
Growing Profit Margin: NMCO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NMCO's earnings have declined by 17.6% per year over the past 5 years.
Accelerating Growth: NMCO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NMCO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (17.8%).
Return on Equity
High ROE: NMCO's Return on Equity (19.9%) is considered low.
Return on Assets
Return on Capital Employed
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 04:37 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 Municipal Credit Opportunities 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.