New Hampshire Companies Superb Earnings Growth of Most Recent Three Annual Years Continues in the First Half of 2016

Since the best US Senator Bernie Sanders is campaigning in New Hampshire today November 1, 2016, where both the US Presidential Race and the US Senate Race are close, I think it would be helpful to see how New Hampshire Companies are doing on the earnings front.

From a review of the very fine Google Finance Website and of company financial statements in the US SEC website, I found the 8 Companies headquartered in New Hampshire, all with Stock Market Capitalizations now of more than $100 Mil and which also have filed their fiscal year 2015 annual financial statements with the SEC.  Tradition Regulated Utilities were excluded. 

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 8 New Hampshire Companies with Stock Market Caps above $100 Mil for the most recent four years 2012 through 2015:

				2015	2014	2013	2012
			Most	Audited	Audited	Audited	Audited
			Recent	Net	Net	Net	Net
	City	ST	2015	Income	Income	Income	Income
New Hampshire Company	HQs	HQs	FYE	(Loss)	(Loss)	(Loss)	(Loss)
				$ mils	$ mils	$ mils	$ mils
White Mountains Insurance Group	Hanover	NH	Dec15	156	(14)	126	(23)
Sprague Resources LP	Portsmouth	NH	Dec15	78	123	(30)	(13)
Albany Intl	Rochester	NH	Dec15	57	42	18	(41)
Standex Intl	Salem	NH	Jun16	52	55	50	44
PC Connection	Merrimack	NH	Dec15	47	43	36	33
Planet Fitness Inc	Newington	NH	Dec15	38	37	26	25
Lake Sunapee Bank Group	Newport	NH	Dec15	9	10	8	8
Bottomline Technologies	Portsmouth	NH	Jun16	(20)	(35)	(19)	(14)
Total all 8				417	261	215	19
2015 Total Earnings % Above:
….. 2014 Earnings				60%
….. 2013 Earnings				94%
….. 2012 Earnings				2095%

So, what happened to this stellar earnings trend in the first half of 2016?  It continued!

With financial statement information filed with the SEC, these 8 New Hampshire Companies registered US GAAP Total Earnings for the six months ended June 30, 2016 which increased by another 54% above that in the six months ended June 30, 2015, as you can see in the below chart:

				First	First
				Half	Half
				June	June
			Most	2016	2015
			Recent	Net	Net
	City	ST	2015	Income	Income	%
New Hampshire Company	HQs	HQs	FYE	(Loss)	(Loss)	Increase
				$ mils	$ mils
White Mountains Insurance Group	Hanover	NH	Dec15	22	(5)
Sprague Resources LP	Portsmouth	NH	Dec15	20	41
Albany Intl	Rochester	NH	Dec15	23	10
Standex Intl	Salem	NH	Jun16	24	29
PC Connection	Merrimack	NH	Dec15	22	20
Planet Fitness Inc	Newington	NH	Dec15	34	20
Lake Sunapee Bank Group	Newport	NH	Dec15	5	5
Bottomline Technologies	Portsmouth	NH	Jun16	(11)	(30)
Total all 8				139	90	54%

I can't think of any other US State's Companies generating such spectacular earnings growth in the past 3 1/2 years.