Nuveen Municipal Income Fund Past Earnings Performance
Past criteria checks 2/6
Nuveen Municipal Income Fund's earnings have been declining at an average annual rate of -35.6%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 1.3% per year. Nuveen Municipal Income Fund's return on equity is 3.2%, and it has net margins of 64.8%.
Key information
-35.6%
Earnings growth rate
-36.4%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -1.3% |
| Return on equity | 3.2% |
| Net Margin | 64.8% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
Nuveen Municipal Income Fund declares $0.03 dividend
Feb 07Nuveen Municipal Income Fund declares $0.03 dividend
Dec 06Nuveen Municipal Income Fund declares $0.03 dividend
Nov 04Nuveen Municipal Income Fund declares $0.0275 dividend
Sep 02Nuveen Municipal Income Fund raises monthly dividend by 7.8%
Jul 06Nuveen Municipal Income Fund declares $0.033 dividend
May 10Nuveen Municipal Income Fund declares $0.033 dividend
Jan 05Nuveen Municipal Income Fund declares $0.033 dividend
Dec 02Nuveen Municipal Income Fund declares $0.033 dividend
Nov 03Revenue & Expenses BreakdownBeta
How Nuveen 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 | 5 | 3 | 1 | 0 |
| 31 Jul 23 | 4 | 2 | 1 | 0 |
| 30 Apr 23 | 4 | 1 | 1 | 0 |
| 31 Jan 23 | 4 | -8 | 1 | 0 |
| 31 Oct 22 | 4 | -17 | 1 | 0 |
| 31 Jul 22 | 4 | -13 | 1 | 0 |
| 30 Apr 22 | 4 | -9 | 1 | 0 |
| 31 Jan 22 | 4 | -2 | 1 | 0 |
| 31 Oct 21 | 4 | 5 | 1 | 0 |
| 31 Jul 21 | 4 | 8 | 1 | 0 |
| 30 Apr 21 | 4 | 11 | 1 | 0 |
| 31 Jan 21 | 4 | 6 | 1 | 0 |
| 31 Oct 20 | 4 | 2 | 1 | 0 |
| 31 Jul 20 | 4 | 0 | 1 | 0 |
| 30 Apr 20 | 4 | -1 | 1 | 0 |
| 31 Jan 20 | 5 | 3 | 1 | 0 |
| 31 Oct 19 | 5 | 8 | 1 | 0 |
| 31 Jul 19 | 5 | 6 | 1 | 0 |
| 30 Apr 19 | 5 | 5 | 1 | 0 |
| 31 Jan 19 | 5 | 2 | 1 | 0 |
| 31 Oct 18 | 5 | 0 | 1 | 0 |
| 31 Jul 18 | 5 | 1 | 1 | 0 |
| 30 Apr 18 | 5 | 2 | 1 | 0 |
| 31 Jan 18 | 5 | 2 | 1 | 0 |
| 31 Oct 17 | 5 | 2 | 1 | 0 |
| 31 Jul 17 | 5 | 1 | 1 | 0 |
| 30 Apr 17 | 5 | 1 | 1 | 0 |
| 31 Jan 17 | 5 | 3 | 1 | 0 |
| 31 Oct 16 | 5 | 5 | 1 | 0 |
| 31 Jul 16 | 5 | 6 | 1 | 0 |
| 30 Apr 16 | 5 | 6 | 1 | 0 |
| 31 Jan 16 | 5 | 5 | 1 | 0 |
| 31 Oct 15 | 5 | 4 | 1 | 0 |
| 31 Jul 15 | 5 | 5 | 1 | 0 |
| 30 Apr 15 | 5 | 7 | 1 | 0 |
| 31 Jan 15 | 5 | 9 | 1 | 0 |
| 31 Oct 14 | 5 | 11 | 1 | 0 |
| 31 Jul 14 | 5 | 5 | 1 | 0 |
| 30 Apr 14 | 5 | 0 | 1 | 0 |
| 31 Jan 14 | 5 | -1 | 1 | 0 |
| 31 Oct 13 | 5 | -2 | 1 | 0 |
| 31 Jul 13 | 5 | 3 | 1 | 0 |
Quality Earnings: NMI has a large one-off loss of $865.4K impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: NMI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NMI has become profitable over the past 5 years, growing earnings by -35.6% per year.
Accelerating Growth: NMI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NMI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: NMI's Return on Equity (3.2%) is considered low.