Earnings Summary

Allspring Multi-sector Income’s revenue fell -80.92% since last year same period to $2.89Mn in the Q2 2023. On a quarterly growth basis, Allspring Multi-sector Income has generated -56.94% fall in its revenue since last 3-months.

Allspring Multi-sector Income’s net profit jumped 155.4% since last year same period to $21.54Mn in the Q2 2023. On a quarterly growth basis, Allspring Multi-sector Income has generated 100% jump in its net profits since last 3-months.

Allspring Multi-sector Income’s net profit margin jumped 390.38% since last year same period to 745.21% in the Q2 2023. On a quarterly growth basis, Allspring Multi-sector Income has generated 364.44% jump in its net profit margins since last 3-months.

Allspring Multi-sector Income’s price-to-earnings ratio after this Q2 2023 earnings stands at 12.42.

Allspring Multi-sector Income’s earning per share (EPS) estimates for the current quarter stand at 0 - a NaN% jump from last quarter’s estimates.

Allspring Multi-sector Income’s earning per share (EPS) estimates for the current year stand at 0.

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. Allspring Multi-sector Income’s return on assets (ROA) stands at 0.04.

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. Allspring Multi-sector Income’s return on equity (ROE) stands at 0.08.

Allspring Multi-sector Income declared 0.2 dividend per share during the earnings announcement for Q2 2023.