PIMCO California Municipal Income Fund Past Earnings Performance
Past criteria checks 2/6
PIMCO California Municipal Income Fund's earnings have been declining at an average annual rate of -38.1%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 8.5% per year. PIMCO California Municipal Income Fund's return on equity is 6.8%, and it has net margins of 97.5%.
Key information
-38.1%
Earnings growth rate
-38.1%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -8.5% |
| Return on equity | 6.8% |
| Net Margin | 97.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
PCQ: One Year Later, A Vastly Different Story Can Be Told
Dec 28PCQ: Not Impressed By Recent Momentum, Cautious Outlook Remains
Jul 21PCQ: The Time To Sell Has Passed
Feb 07PCQ: A Lesson In Managing Distribution Stability Risk
Jan 10PCQ: It Looks Like A Sell To Me
Dec 21PIMCO California Municipal Income Fund goes ex-dividend tomorrow
Dec 08PIMCO California Municipal Income Fund declares $0.065 dividend
Nov 04PIMCO California Municipal Income Fund declares $0.065 dividend
Oct 03PIMCO California Municipal Income Fund declares $0.065 dividend
Sep 02PCQ: 2 Years Later And This Fund Remains Grossly Overpriced
Aug 02PIMCO California Municipal Income Fund declares $0.065 dividend
May 07PIMCO California Municipal Income Fund declares $0.065 dividend
Feb 04PIMCO California Municipal Income Fund declares $0.065 dividend
Jan 04PIMCO California Municipal Income Fund declares $0.01 dividend
Dec 08PIMCO California Municipal Income Fund declares $0.065 dividend
Dec 02PIMCO California Municipal Income Fund declares $0.065 dividend
Nov 04Revenue & Expenses BreakdownBeta
How PIMCO California 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 Dec 23 | 15 | 14 | 3 | 0 |
| 30 Sep 23 | 15 | 9 | 3 | 0 |
| 30 Jun 23 | 15 | 3 | 3 | 0 |
| 31 Mar 23 | 16 | -27 | 3 | 0 |
| 31 Dec 22 | 16 | -57 | 3 | 0 |
| 30 Sep 22 | 17 | -53 | 3 | 0 |
| 30 Jun 22 | 17 | -50 | 3 | 0 |
| 31 Mar 22 | 17 | -19 | 3 | 0 |
| 31 Dec 21 | 17 | 11 | 3 | 0 |
| 30 Sep 21 | 17 | 17 | 3 | 0 |
| 30 Jun 21 | 18 | 24 | 3 | 0 |
| 31 Mar 21 | 18 | 20 | 3 | 0 |
| 31 Dec 20 | 18 | 16 | 3 | 0 |
| 30 Sep 20 | 19 | 14 | 3 | 0 |
| 30 Jun 20 | 19 | 11 | 3 | 0 |
| 31 Mar 20 | 20 | 22 | 3 | 0 |
| 31 Dec 19 | 21 | 34 | 3 | 0 |
| 30 Sep 19 | 21 | 27 | 3 | 0 |
| 30 Jun 19 | 22 | 20 | 3 | 0 |
| 31 Mar 19 | 22 | 8 | 3 | 0 |
| 31 Dec 18 | 23 | -4 | 3 | 0 |
| 30 Sep 18 | 23 | 2 | 3 | 0 |
| 30 Jun 18 | 23 | 7 | 3 | 0 |
| 31 Mar 18 | 23 | 16 | 3 | 0 |
| 31 Dec 17 | 22 | 24 | 3 | 0 |
| 30 Sep 17 | 22 | 11 | 3 | 0 |
| 30 Jun 17 | 22 | -3 | 3 | 0 |
| 31 Mar 17 | 22 | 0 | 3 | 0 |
| 31 Dec 16 | 21 | 3 | 3 | 0 |
| 31 Dec 15 | 22 | 25 | 3 | 0 |
| 31 Oct 15 | 21 | 18 | 3 | 0 |
| 31 Jul 15 | 21 | 23 | 3 | 0 |
| 30 Apr 15 | 21 | 28 | 3 | 0 |
| 31 Jan 15 | 21 | 35 | 3 | 0 |
| 31 Oct 14 | 21 | 43 | 3 | 0 |
| 31 Jul 14 | 22 | 22 | 3 | 0 |
| 30 Apr 14 | 22 | 0 | 3 | 0 |
| 31 Jan 14 | 22 | -5 | 3 | 0 |
| 31 Oct 13 | 22 | -10 | 3 | 0 |
| 31 Jul 13 | 22 | 12 | 3 | 0 |
| 30 Apr 13 | 22 | 35 | 3 | 0 |
Quality Earnings: PCQ has a large one-off gain of $10.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PCQ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PCQ has become profitable over the past 5 years, growing earnings by -38.1% per year.
Accelerating Growth: PCQ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PCQ 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: PCQ's Return on Equity (6.8%) is considered low.