Putnam Managed Municipal Income Trust Past Earnings Performance
Past criteria checks 1/6
Putnam Managed Municipal Income Trust's earnings have been declining at an average annual rate of -36.4%, while the Capital Markets industry saw earnings growing at 10% annually. Revenues have been declining at an average rate of 5.8% per year. Putnam Managed Municipal Income Trust's return on equity is 3.3%, and it has net margins of 35.8%.
Key information
-36.4%
Earnings growth rate
-24.7%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -5.8% |
| Return on equity | 3.3% |
| Net Margin | 35.8% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
No updates
Recent updates
Putnam Managed Municipal Income Trust declares $0.032 dividend
Jan 27Putnam Managed Municipal Income Trust declares $0.032 dividend
Oct 25Putnam Managed Municipal Income Trust declares $0.032 dividend
Sep 23Putnam Managed Municipal Income Trust declares $0.032 dividend
Jan 29Putnam Managed Municipal Income Trust declares $0.032 dividend
Nov 20Revenue & Expenses BreakdownBeta
How Putnam Managed Municipal Income Trust 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 | 19 | 7 | 3 | 0 |
| 31 Jul 23 | 19 | 2 | 3 | 0 |
| 30 Apr 23 | 19 | -3 | 3 | 0 |
| 31 Jan 23 | 19 | -47 | 3 | 0 |
| 31 Oct 22 | 19 | -92 | 3 | 0 |
| 31 Jul 22 | 19 | -69 | 3 | 0 |
| 30 Apr 22 | 19 | -47 | 4 | 0 |
| 31 Jan 22 | 19 | -7 | 4 | 0 |
| 31 Oct 21 | 19 | 33 | 4 | 0 |
| 31 Jul 21 | 19 | 52 | 4 | 0 |
| 30 Apr 21 | 19 | 72 | 3 | 0 |
| 31 Jan 21 | 20 | 39 | 3 | 0 |
| 31 Oct 20 | 20 | 6 | 3 | 0 |
| 31 Jul 20 | 21 | -5 | 3 | 0 |
| 30 Apr 20 | 21 | -16 | 3 | 0 |
| 31 Jan 20 | 22 | 14 | 3 | 0 |
| 31 Oct 19 | 23 | 43 | 3 | 0 |
| 31 Jul 19 | 23 | 33 | 3 | 0 |
| 30 Apr 19 | 24 | 23 | 3 | 0 |
| 31 Jan 19 | 24 | 12 | 3 | 0 |
| 31 Oct 18 | 25 | 1 | 3 | 0 |
| 31 Jul 18 | 25 | 9 | 4 | 0 |
| 30 Apr 18 | 26 | 17 | 4 | 0 |
| 31 Jan 18 | 26 | 14 | 4 | 0 |
| 31 Oct 17 | 26 | 11 | 4 | 0 |
| 31 Jul 17 | 26 | 7 | 4 | 0 |
| 30 Apr 17 | 27 | 3 | 4 | 0 |
| 31 Jan 17 | 27 | 17 | 4 | 0 |
| 31 Oct 16 | 27 | 31 | 4 | 0 |
| 31 Jul 16 | 27 | 30 | 4 | 0 |
| 30 Apr 16 | 28 | 30 | 4 | 0 |
| 31 Jan 16 | 28 | 27 | 4 | 0 |
| 31 Oct 15 | 29 | 24 | 4 | 0 |
| 31 Jul 15 | 29 | 34 | 4 | 0 |
| 30 Apr 15 | 29 | 45 | 4 | 0 |
| 31 Jan 15 | 29 | 52 | 4 | 0 |
| 31 Oct 14 | 29 | 59 | 4 | 0 |
| 31 Jul 14 | 30 | 30 | 4 | 0 |
| 30 Apr 14 | 30 | 0 | 4 | 0 |
| 31 Jan 14 | 31 | -9 | 4 | 0 |
| 31 Oct 13 | 31 | -17 | 4 | 0 |
| 31 Jul 13 | 31 | 12 | 4 | 0 |
| 30 Apr 13 | 31 | 42 | 4 | 0 |
Quality Earnings: PMM has a large one-off loss of $4.4M impacting its last 12 months of financial results to 31st October, 2023.
Growing Profit Margin: PMM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PMM's earnings have declined by 36.4% per year over the past 5 years.
Accelerating Growth: PMM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PMM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-2.3%).
Return on Equity
High ROE: PMM's Return on Equity (3.3%) is considered low.