Western Asset Premier Bond Fund Past Earnings Performance
Past criteria checks 2/6
Western Asset Premier Bond Fund's earnings have been declining at an average annual rate of -29.4%, while the Capital Markets industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 0.9% per year. Western Asset Premier Bond Fund's return on equity is 9.1%, and it has net margins of 91.5%.
Key information
-29.4%
Earnings growth rate
-29.4%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 0.9% |
| Return on equity | 9.1% |
| Net Margin | 91.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Andvari Associates - Western Asset Premier Bond Fund: Silver Linings In Rates
Apr 14WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)
Nov 25WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields
Oct 18WEA: 7% Yielding CEF, Overweight Investment Grade Bonds
Feb 15Western Asset Premier Bond Fund goes ex dividend tomorrow
Dec 20WEA: An Opportunity Opening Up In Higher Quality Bonds
Nov 10Western Asset Premier Bond Fund goes ex-dividend tomorrow
Oct 20Western Asset Premier Bond Fund goes ex-dividend tomorrow
Dec 21Revenue & Expenses BreakdownBeta
How Western Asset Premier Bond 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 | 14 | 12 | 1 | 0 |
| 30 Sep 23 | 14 | 10 | 1 | 0 |
| 30 Jun 23 | 14 | 7 | 1 | 0 |
| 31 Mar 23 | 13 | -10 | 1 | 0 |
| 31 Dec 22 | 13 | -27 | 1 | 0 |
| 30 Sep 22 | 13 | -29 | 2 | 0 |
| 30 Jun 22 | 12 | -30 | 2 | 0 |
| 31 Mar 22 | 12 | -14 | 2 | 0 |
| 31 Dec 21 | 12 | 3 | 2 | 0 |
| 30 Sep 21 | 12 | 12 | 2 | 0 |
| 30 Jun 21 | 12 | 21 | 2 | 0 |
| 31 Mar 21 | 13 | 16 | 2 | 0 |
| 31 Dec 20 | 13 | 11 | 2 | 0 |
| 30 Sep 20 | 13 | 6 | 2 | 0 |
| 30 Jun 20 | 13 | 1 | 2 | 0 |
| 31 Mar 20 | 13 | 15 | 2 | 0 |
| 31 Dec 19 | 13 | 29 | 2 | 0 |
| 30 Sep 19 | 13 | 24 | 2 | 0 |
| 30 Jun 19 | 13 | 19 | 2 | 0 |
| 31 Mar 19 | 12 | 5 | 2 | 0 |
| 31 Dec 18 | 12 | -9 | 2 | 0 |
| 30 Sep 18 | 12 | -4 | 2 | 0 |
| 30 Jun 18 | 12 | 0 | 2 | 0 |
| 31 Mar 18 | 12 | 9 | 2 | 0 |
| 31 Dec 17 | 12 | 18 | 2 | 0 |
| 30 Sep 17 | 12 | 19 | 2 | 0 |
| 30 Jun 17 | 13 | 20 | 2 | 0 |
| 31 Mar 17 | 13 | 21 | 2 | 0 |
| 31 Dec 16 | 13 | 22 | 2 | 0 |
| 30 Sep 16 | 14 | 13 | 2 | 0 |
| 30 Jun 16 | 14 | 4 | 1 | 0 |
| 31 Mar 16 | 14 | -2 | 2 | 0 |
| 31 Dec 15 | 14 | -8 | 2 | 0 |
| 30 Sep 15 | 14 | -5 | 2 | 0 |
| 30 Jun 15 | 15 | -2 | 2 | 0 |
| 31 Mar 15 | 15 | 5 | 2 | 0 |
| 31 Dec 14 | 15 | 11 | 2 | 0 |
| 30 Sep 14 | 15 | 16 | 2 | 0 |
| 30 Jun 14 | 15 | 21 | 2 | 0 |
| 31 Mar 14 | 16 | 17 | 2 | 0 |
| 31 Dec 13 | 16 | 13 | 2 | 0 |
| 30 Sep 13 | 16 | 20 | 2 | 0 |
| 30 Jun 13 | 16 | 26 | 2 | 0 |
Quality Earnings: WEA has a large one-off gain of $3.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: WEA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WEA has become profitable over the past 5 years, growing earnings by -29.4% per year.
Accelerating Growth: WEA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WEA 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: WEA's Return on Equity (9.1%) is considered low.