Invesco Trust for Investment Grade New York Municipals Past Earnings Performance
Past criteria checks 2/6
Invesco Trust for Investment Grade New York Municipals's earnings have been declining at an average annual rate of -51.3%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 6.6% per year. Invesco Trust for Investment Grade New York Municipals's return on equity is 1.4%, and it has net margins of 21.3%.
Key information
-51.3%
Earnings growth rate
-51.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -6.6% |
| Return on equity | 1.4% |
| Net Margin | 21.3% |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
No updates
Recent updates
Invesco Trust For Investment Grade New York Municipals declares $0.0371 dividend
Feb 01Invesco Trust For Investment Grade New York Municipals dividend decreases by 11.9% to $ 0.0421
Nov 02Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Oct 04Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Sep 02Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Aug 01Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Jul 05Invesco Trust For Investment Grade New York Municipals declares $0.0478 dividend
May 10Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Feb 01Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Jan 04Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Nov 02Revenue & Expenses BreakdownBeta
How Invesco Trust for Investment Grade New York Municipals 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 Aug 23 | 15 | 3 | 2 | 0 |
| 31 May 23 | 15 | -13 | 2 | 0 |
| 28 Feb 23 | 15 | -30 | 2 | 0 |
| 30 Nov 22 | 15 | -37 | 2 | 0 |
| 31 Aug 22 | 14 | -44 | 2 | 0 |
| 31 May 22 | 15 | -22 | 3 | 0 |
| 28 Feb 22 | 15 | 0 | 3 | 0 |
| 30 Nov 21 | 15 | 11 | 3 | 0 |
| 31 Aug 21 | 16 | 21 | 3 | 0 |
| 31 May 21 | 16 | 8 | 3 | 0 |
| 28 Feb 21 | 16 | -5 | 3 | 0 |
| 30 Nov 20 | 17 | -3 | 3 | 0 |
| 31 Aug 20 | 17 | -1 | 3 | 0 |
| 31 May 20 | 18 | 16 | 3 | 0 |
| 29 Feb 20 | 18 | 34 | 3 | 0 |
| 30 Nov 19 | 18 | 30 | 3 | 0 |
| 31 Aug 19 | 18 | 26 | 3 | 0 |
| 31 May 19 | 18 | 17 | 3 | 0 |
| 28 Feb 19 | 19 | 9 | 3 | 0 |
| 30 Nov 18 | 19 | 4 | 3 | 0 |
| 31 Aug 18 | 20 | 0 | 3 | 0 |
| 31 May 18 | 20 | 4 | 3 | 0 |
| 28 Feb 18 | 20 | 8 | 3 | 0 |
| 30 Nov 17 | 20 | 2 | 3 | 0 |
| 31 Aug 17 | 20 | -4 | 3 | 0 |
| 31 May 17 | 20 | -3 | 3 | 0 |
| 28 Feb 17 | 20 | -2 | 3 | 0 |
| 30 Nov 16 | 20 | 14 | 2 | 0 |
| 31 Aug 16 | 20 | 30 | 2 | 0 |
| 31 May 16 | 20 | 24 | 2 | 0 |
| 29 Feb 16 | 21 | 17 | 2 | 0 |
| 30 Nov 15 | 21 | 15 | 2 | 0 |
| 31 Aug 15 | 21 | 13 | 2 | 0 |
| 31 May 15 | 21 | 23 | 2 | 0 |
| 28 Feb 15 | 20 | 33 | 2 | 0 |
| 30 Nov 14 | 21 | 41 | 2 | 0 |
| 31 Aug 14 | 21 | 48 | 2 | 0 |
| 31 May 14 | 21 | 18 | 2 | 0 |
| 28 Feb 14 | 21 | -12 | 2 | 0 |
| 30 Nov 13 | 21 | -19 | 2 | 0 |
| 31 Aug 13 | 21 | -27 | 2 | 0 |
| 31 May 13 | 20 | -2 | 2 | 0 |
Quality Earnings: VTN has a large one-off loss of $4.6M impacting its last 12 months of financial results to 31st August, 2023.
Growing Profit Margin: VTN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VTN has become profitable over the past 5 years, growing earnings by -51.3% per year.
Accelerating Growth: VTN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VTN 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: VTN's Return on Equity (1.4%) is considered low.