Western Asset Premier Bond Fund

NYSE:WEA Stock Report

Market Cap: US$126.0m

Western Asset Premier Bond Fund Past Earnings Performance

Past criteria checks 0/6

Western Asset Premier Bond Fund's earnings have been declining at an average annual rate of -16%, while the Capital Markets industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 1.3% per year. Western Asset Premier Bond Fund's return on equity is 4.8%, and it has net margins of 46%.

Key information

-16.0%

Earnings growth rate

-16.0%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate1.3%
Return on equity4.8%
Net Margin46.0%
Last Earnings Update31 Dec 2024

Recent past performance updates

No updates

Recent updates

WEA: Investment-Grade Tilted CEF Portfolio, But Discount Remains Tight

Nov 19

WEA: Tight Spreads Make This Fund Unappealing Currently (Rating Downgrade)

May 16

Andvari Associates - Western Asset Premier Bond Fund: Silver Linings In Rates

Apr 14

WEA: Buy It For The Corporate Exposure, Stay For The High Yield (Rating Upgrade)

Nov 25

WEA: Discount Widening As Fixed-Income Gets Slammed By Higher Yields

Oct 18

WEA: 7% Yielding CEF, Overweight Investment Grade Bonds

Feb 15

Western Asset Premier Bond Fund goes ex dividend tomorrow

Dec 20

WEA: An Opportunity Opening Up In Higher Quality Bonds

Nov 10

Western Asset Premier Bond Fund goes ex-dividend tomorrow

Oct 20

Revenue & Expenses Breakdown

How Western Asset Premier Bond Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:WEA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2414610
30 Sep 2414810
30 Jun 2414910
31 Mar 24141110
31 Dec 23141210
30 Sep 23141010
30 Jun 2314710
31 Mar 2313-1010
31 Dec 2213-2710
30 Sep 2213-2920
30 Jun 2212-3020
31 Mar 2212-1420
31 Dec 2112320
30 Sep 21121220
30 Jun 21122120
31 Mar 21131620
31 Dec 20131120
30 Sep 2013620
30 Jun 2013120
31 Mar 20131520
31 Dec 19132920
30 Sep 19132420
30 Jun 19131920
31 Mar 1912520
31 Dec 1812-920
30 Sep 1812-420
30 Jun 1812020
31 Mar 1812920
31 Dec 17121820
30 Sep 17121920
30 Jun 17132020
31 Mar 17132120
31 Dec 16132220
30 Sep 16141320
30 Jun 1614410
31 Mar 1614-220
31 Dec 1514-820
30 Sep 1514-520
30 Jun 1515-220
31 Mar 1515520
31 Dec 14151120
30 Sep 14151620
30 Jun 14152120

Quality Earnings: WEA has a large one-off loss of $2.7M impacting its last 12 months of financial results to 31st December, 2024.

Growing Profit Margin: WEA's current net profit margins (46%) are lower than last year (91.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WEA's earnings have declined by 16% per year over the past 5 years.

Accelerating Growth: WEA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WEA had negative earnings growth (-49%) over the past year, making it difficult to compare to the Capital Markets industry average (18.3%).


Return on Equity

High ROE: WEA's Return on Equity (4.8%) is considered low.


Return on Assets


Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 10:06
End of Day Share Price 2025/05/09 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Western Asset Premier Bond Fund is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristoph RollenhagenOppenheimer & Co. Inc.