These 11 US Leisure and Entertainment Corps generated Total Adjusted After-tax Net Income of $4,050 mil in the 4Q 2012, down 3% from the 4Q 2011.
These poor earnings results in the US Leisure and Entertainment industry points to the fact that the US economy is struggling and needs short-term fiscal stimulus. And so where is the obstinate, non-compromising US Congress now headed?.....for just the opposite.....substantial across-the-board, immediate US government cuts.
Below is the Ongoing, Adjusted After-tax Net Income of these 11 US Leisure and Entertainment Corps for both the 4Q 2012 and the 4Q 2011.
| 4Q 2012 | 4Q 2011 | |||
| Non-GAAP | Non-GAAP | |||
| Adjusted | Adjusted | Increase | Increase | |
| Net | Net | (Decrease) | (Decrease) | |
| Company | Income | Income | Amount | % |
| mils of $s | mils of $s | mils of $s | ||
| Leisure and Entertainment | ||||
| Walt Disney | 1,382 | 1,464 | (82) | -6% |
| Time Warner | 1,128 | 946 | 182 | 19% |
| Las Vegas Sands | 450 | 461 | (11) | -2% |
| Mattel | 394 | 371 | 23 | 6% |
| Marriott | 181 | 159 | 22 | 14% |
| Hasbro | 157 | 139 | 18 | 13% |
| Starwood Hotel | 137 | 140 | (3) | -2% |
| Wynn Resorts | 118 | 194 | (76) | -39% |
| Wyndham WW | 118 | 194 | (76) | -39% |
| Carnival | 98 | 216 | (118) | -55% |
| MGM Resorts | (113) | (122) | 9 | 7% |
| Total all 11 | 4,050 | 4,162 | (112) | -3% |
