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BFZ

BlackRock California Municipal Income Trust

$11.72

Earnings Summary

Revenue
$7.26Mn
Net Profits
$18.02Mn
Net Profit Margins
248.29%

Highlights

Revenue:

BlackRock California Municipal Income Trust’s revenue fell -9.26% since last year same period to $7.26Mn in the Q3 2019. On a quarterly growth basis, BlackRock California Municipal Income Trust has generated 0% jump in its revenue since last 3-months.

Net Profits:

BlackRock California Municipal Income Trust’s net profit jumped 604.77% since last year same period to $18.02Mn in the Q3 2019. On a quarterly growth basis, BlackRock California Municipal Income Trust has generated 0% jump in its net profits since last 3-months.

Net Profit Margins:

BlackRock California Municipal Income Trust’s net profit margin jumped 676.71% since last year same period to 248.29% in the Q3 2019. On a quarterly growth basis, BlackRock California Municipal Income Trust has generated 0% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the BlackRock California Municipal Income Trust post its latest quarter earnings

EPS Estimate Current Quarter
0
EPS Estimate Current Year
0

Highlights

EPS Estimate Current Quarter:

BlackRock California Municipal Income Trust’s earning per share (EPS) estimates for the current quarter stand at 0 - a NaN% jump from last quarter’s estimates.

EPS Estimate Current Year:

BlackRock California Municipal Income Trust’s earning per share (EPS) estimates for the current year stand at 0.

Key Ratios

Key ratios of the BlackRock California Municipal Income Trust post its Q1 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
-0.04
Dividend Per Share (DPS)
0.58

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. BlackRock California Municipal Income Trust’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. BlackRock California Municipal Income Trust’s return on equity (ROE) stands at -0.04.

Dividend Per Share (DPS):

BlackRock California Municipal Income Trust declared 0.58 dividend per share during the earnings announcement for Q1 2022.

Company Information

BlackRock California Municipal Income Trust’s (BFZ) (the 'Trust') investment objective is to provide current income exempt from regular US federal income and California income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and California income taxes. The Trust invests, under normal market conditions, at least 80% of its assets in municipal obligations that are investment grade quality. The Trust may invest directly in such securities or synthetically through the use of derivatives.

Organisation
BlackRock California Municipal Income Trust
Headquarters
Wilmington, Delaware, US
Industry
Miscellaneous
CEO
John Perlowski