PIMCO California Municipal Income Fund II Past Earnings Performance
Past criteria checks 2/6
PIMCO California Municipal Income Fund II's earnings have been declining at an average annual rate of -19.6%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 4.2% per year. PIMCO California Municipal Income Fund II's return on equity is 7.1%, and it has net margins of 100.2%.
Key information
-19.6%
Earnings growth rate
-19.7%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -4.2% |
| Return on equity | 7.1% |
| Net Margin | 100.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
PCK: The Discount To NAV Is Not Enough To Remain Bullish (Rating Downgrade)
Aug 17Pimco California Municipal Income Fund II declares $0.0215 dividend
Feb 09Pimco California Municipal Income Fund II decreases monthly dividend by -32.8% to $0.0215/share
Jan 04Pimco California Municipal Income Fund II goes ex-dividend tomorrow
Dec 08Pimco California Municipal Income Fund II declares $0.032 dividend
Oct 03PCK: Large, Short-Term Return Tells Me To Be Cautious
Sep 15Pimco California Municipal Income Fund II declares $0.032 dividend
Sep 02PCK: Trades At Discount To NAV, Rising Inflation Can Cause Pain
Jun 22Pimco California Municipal Income Fund II declares $0.032 dividend
May 07Pimco California Municipal Income Fund II declares $0.032 dividend
Jan 04Pimco California Municipal Income Fund II declares $0.01 dividend
Dec 08Pimco California Municipal Income Fund II declares $0.032 dividend
Dec 02Pimco California Municipal Income Fund II declares $0.032 dividend
Nov 04Revenue & Expenses BreakdownBeta
How PIMCO California Municipal Income Fund II 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 Dec 23 | 15 | 15 | 3 | 0 |
| 30 Sep 23 | 24 | 28 | 4 | 0 |
| 31 Dec 22 | 17 | -71 | 3 | 0 |
| 31 Dec 21 | 17 | 12 | 4 | 0 |
| 31 Dec 20 | 18 | 18 | 4 | 0 |
| 30 Sep 20 | 19 | 15 | 3 | 0 |
| 30 Jun 20 | 20 | 12 | 3 | 0 |
| 31 Mar 20 | 21 | 26 | 3 | 0 |
| 31 Dec 19 | 22 | 41 | 3 | 0 |
| 30 Sep 19 | 22 | 32 | 3 | 0 |
| 30 Jun 19 | 22 | 24 | 3 | 0 |
| 31 Mar 19 | 22 | 10 | 3 | 0 |
| 31 Dec 18 | 22 | -4 | 3 | 0 |
| 30 Sep 18 | 22 | 2 | 3 | 0 |
| 30 Jun 18 | 22 | 9 | 3 | 0 |
| 31 Mar 18 | 23 | 18 | 3 | 0 |
| 31 Dec 17 | 23 | 28 | 3 | 0 |
| 30 Sep 17 | 24 | 10 | 3 | 0 |
| 30 Jun 17 | 24 | -7 | 4 | 0 |
| 31 Mar 17 | 24 | -3 | 4 | 0 |
| 31 Dec 16 | 24 | 1 | 4 | 0 |
| 31 Dec 15 | 24 | 35 | 3 | 0 |
| 30 Nov 15 | 24 | 21 | 3 | 0 |
| 31 Aug 15 | 24 | 22 | 3 | 0 |
| 31 May 15 | 25 | 23 | 3 | 0 |
| 28 Feb 15 | 25 | 40 | 3 | 0 |
| 30 Nov 14 | 25 | 57 | 3 | 0 |
| 31 Aug 14 | 25 | 35 | 3 | 0 |
| 31 May 14 | 25 | 13 | 3 | 0 |
| 28 Feb 14 | 25 | -8 | 3 | 0 |
| 30 Nov 13 | 25 | -29 | 3 | 0 |
| 31 Aug 13 | 25 | 2 | 3 | 0 |
| 31 May 13 | 26 | 32 | 3 | 0 |
Quality Earnings: PCK has a large one-off gain of $11.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PCK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PCK has become profitable over the past 5 years, growing earnings by -19.6% per year.
Accelerating Growth: PCK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PCK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.3%).
Return on Equity
High ROE: PCK's Return on Equity (7.1%) is considered low.