Thursday, March 1, 2012

US Big Corps in Other Sectors 4Q 2011 Earnings Up 43%

I found 14 US Big Corps in 6 Other Sectors Corps with Pretax Income or Pretax Loss of at least $100 mil in either the most recent 4Q 2011 or in the 4Q 2010.

These 14 US Big Corps in Other Sectors generated Total Pretax Income in the 4Q 2011 which increased by a very robust 43% over the 4Q 2010.

Below here are these 4Q 2011 Pretax Earnings (PTI), along with a comparison with the prior year’s quarter amounts.

......................................................,.....................Increase
................................................PTI...,.....PTI.......(Decrease)
.................................................4Q...,......4Q..................
...............................................2011...,...2010....Amount....%
.................................................(millions of dollars)

Engineering and Construction
Fluor.......................................249..........43..........206....479%
Jacobs Engineering..................140........104............36......35%
URS(1).....................................135.........116............19......16%
KBR.........................................130.........142...........(12).....-8%
Quanta Services(2)..................125...........55............70....127%
Total all 5................................779........460...........319......69%

Printing and Publishing
McGraw-Hill............................224.........248...........(24)....-10%
Gannett...................................151..........269.........(118)....-44%
RR Donnelley(3)......................110...........90............20......22%
Total all 3................................485.........607.........(122)....-20%

Forest and Forest Products
International Paper.................416.........332............84......25%
Masco(4).................................(99).......(126)...........27.....-21%
Total all 2................................317.........206...........111......54%

Cogeneration Power Producer
AES(5)....................................689.........512...........177......35%

Watches and Clocks
Fossil......................................169.........155.............14........9%

Homebuilders
Pulte Group...............................(9)......(190)...........181......95%
Hovnanian Enterprises(6)......(109)......(132)............23......17%
Total all 2...............................(118)......(322)..........204......63%

Total all 14 in 6 Other Sectors.2,321.....1,618..........703......43%

(1) URS 2011 PTI excludes Goodwill Impairment Charge.
(2) Quanta Services 2011 PTI excludes Pension Plan Withdrawal Charge.
(3) RR Donnelley PTI in both years exclude Asset Impairment Charges.
(4) Masco PTI(L) in both years exclude Intangible Asset Charge.
(5) AES PTI in both years exclude Asset Impairment Charge.
(6) Hovnanian Enterprises 2011 PTL excludes Gain on Debt Extinguishment.