Nuveen AMT-Free Municipal Credit Income Fund Past Earnings Performance
Past criteria checks 3/6
Nuveen AMT-Free Municipal Credit Income Fund's earnings have been declining at an average annual rate of -13.6%, while the Capital Markets industry saw earnings growing at 7.9% annually. Revenues have been declining at an average rate of 2.2% per year. Nuveen AMT-Free Municipal Credit Income Fund's return on equity is 19.1%, and it has net margins of 244.5%.
Key information
-13.64%
Earnings growth rate
-14.05%
EPS growth rate
| Capital Markets Industry Growth | 10.26% |
| Revenue growth rate | -2.22% |
| Return on equity | 19.11% |
| Net Margin | 244.51% |
| Last Earnings Update | 31 Oct 2024 |
Recent past performance updates
No updates
Recent updates
NVG: Distribution Increase Leads To Expected Discount Narrowing
Nov 07NVG: Muni Fund To Buy Hand Over Fist
Aug 08NVG: 3 Reasons To Be Cautious Despite Large Discount To NAV
Dec 28NVG: Historic Discount Available Keeps My Buy Rating
Oct 07Nuveen AMT-Free Municipal Credit Income Fund declares $0.0425 dividend
Feb 07Nuveen AMT-Free Municipal Credit Income Fund dividend declines by 22% to $0.0425
Jan 11Nuveen AMT-Free Municipal Credit Income Fund declares $0.0545 dividend
Dec 06Nuveen AMT-Free Municipal Credit Income Fund declares $0.0545 dividend
Oct 06Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend
Sep 02Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend
Aug 08Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend
Jul 06Muni CEFs: Back Up The Truck On NVG And NZF
Feb 16Nuveen AMT-Free Municipal Credit Income Fund Is A Good Choice For That Strategy
Oct 29Revenue & Expenses Breakdown
How Nuveen AMT-Free Municipal Credit 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 24 | 227 | 556 | 44 | 0 |
| 31 Jul 24 | 226 | 324 | 43 | 0 |
| 30 Apr 24 | 224 | 93 | 43 | 0 |
| 31 Jan 24 | 223 | 60 | 42 | 0 |
| 31 Oct 23 | 222 | 27 | 42 | 0 |
| 31 Jul 23 | 223 | -12 | 43 | 0 |
| 30 Apr 23 | 223 | -52 | 44 | 0 |
| 31 Jan 23 | 225 | -483 | 45 | 0 |
| 31 Oct 22 | 226 | -913 | 46 | 0 |
| 31 Jul 22 | 227 | -687 | 47 | 0 |
| 30 Apr 22 | 228 | -460 | 49 | 0 |
| 31 Jan 22 | 230 | -79 | 49 | 0 |
| 31 Oct 21 | 232 | 302 | 50 | 0 |
| 31 Jul 21 | 236 | 465 | 50 | 0 |
| 30 Apr 21 | 240 | 629 | 49 | 0 |
| 31 Jan 21 | 242 | 360 | 48 | 0 |
| 31 Oct 20 | 245 | 90 | 48 | 0 |
| 31 Jul 20 | 245 | 18 | 47 | 0 |
| 30 Apr 20 | 245 | -54 | 47 | 0 |
| 31 Jan 20 | 244 | 226 | 46 | 0 |
| 31 Oct 19 | 243 | 507 | 45 | 0 |
| 31 Jul 19 | 243 | 386 | 45 | 0 |
| 30 Apr 19 | 244 | 265 | 44 | 0 |
| 31 Jan 19 | 243 | 125 | 44 | 0 |
| 31 Oct 18 | 242 | -14 | 44 | 0 |
| 31 Jul 18 | 240 | 91 | 44 | 0 |
| 30 Apr 18 | 238 | 196 | 44 | 0 |
| 31 Jan 18 | 237 | 164 | 43 | 0 |
| 31 Oct 17 | 236 | 133 | 43 | 0 |
| 31 Jul 17 | 238 | 61 | 43 | 0 |
| 30 Apr 17 | 240 | -10 | 43 | 0 |
| 31 Jan 17 | 191 | 46 | 35 | 0 |
| 31 Oct 16 | 141 | 101 | 26 | 0 |
| 31 Jul 16 | 87 | 74 | 16 | 0 |
| 30 Apr 16 | 32 | 47 | 7 | 0 |
| 31 Jan 16 | 30 | 32 | 5 | 0 |
| 31 Oct 15 | 27 | 17 | 4 | 0 |
| 31 Jul 15 | 27 | 29 | 4 | 0 |
| 30 Apr 15 | 27 | 41 | 4 | 0 |
| 31 Jan 15 | 28 | 55 | 4 | 0 |
| 31 Oct 14 | 28 | 69 | 4 | 0 |
| 31 Jul 14 | 28 | 34 | 4 | 0 |
Quality Earnings: NVG has a large one-off gain of $444.5M impacting its last 12 months of financial results to 31st October, 2024.
Growing Profit Margin: NVG's current net profit margins are higher than last year (12.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NVG's earnings have declined by 13.6% per year over the past 5 years.
Accelerating Growth: NVG's earnings growth over the past year (1935.9%) exceeds its 5-year average (-13.6% per year).
Earnings vs Industry: NVG earnings growth over the past year (1935.9%) exceeded the Capital Markets industry 18.2%.
Return on Equity
High ROE: NVG's Return on Equity (19.1%) is considered low.
Return on Assets
Return on Capital Employed
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/20 07:22 |
| End of Day Share Price | 2025/05/20 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 |
|
* 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 AMT-Free Municipal Credit Income 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.