Tuesday, November 1, 2016

The 25 Raleigh-Durham-Chapel Hill Area North Carolina Companies With Market Caps Above $100 Mil Generated Total Audited US GAAP Earnings For 2015 of $1.068 Bil, Up 271% From Their 2014 Total Audited Earnings of $0.288 Bil and Also Up 4,350% From Total Earnings of $0.024 Bil in 2008, the Year Before President Obama Took Office

Since President Obama is traveling tomorrow November 2, 2016 to the Raleigh-Durham-Chapel Hill Area in North Carolina and specifically to the absolutely gorgeous campus of the world renown public University of North Carolina at Chapel Hill, I think it might be helpful to research how the Raleigh-Durham-Chapel Hill, North Carolina Area Headquartered Companies have performed on the earnings front during the Obama Administration.

From a review of the very fine Google Finance Website and of company financial statements in the US SEC website, I found the 25 Companies headquartered in the Raleigh-Durham-Chapel Hill, North Carolina Area, 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.  Traditional Regulated Utilities were excluded.

Below here are the reported Audited Earnings (Losses) From Continuing Operations of each of these 25 Raleigh-Durham-Chapel Hill, North Carolina Area Companies for all years reported from 2007 through 2015 where the amounts were presented and in a consistent manner:


2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net
City ST 2015 Income Income Income Income Income Income Income Income Income
North Carolina Company HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils
Raleigh-Durham-Chapel Hill Area










Quintiles Transnational Holdings Durham NC Dec15        388        357        226        177        240        165        210          33    
Martin Marietta Materials Raleigh NC Dec15        289        154        120          87          80          99          88        175        261
First Citizens BancShares Raleigh NC Dec15        210        139        167        132        194        192        116          91        109
Red Hat Raleigh NC Feb16        199        180        178        150        147        107          87          79          77
INC Research Holdings Raleigh NC Dec15        117        (23)        (42)        (59)        (60)



Highwoods Properties Inc Raleigh NC Dec15          86          97          43          22          26          55          46          38          49
PRA Health Sciences Raleigh NC Dec15          82        (36)        (88)          (3)          17          (0)        (15)        
Alliance One Intl Inc Morrisville NC Mar16          65        (28)      (103)          25          25        (72)          80        133            9
Triangle Capital Corp Raleigh NC Dec15          48          28          81          60          57          25            4            8            9
Yadkin Financial Corp Raleigh NC Dec15          45          22            6            1          (6)          (6)        (75)            4          15
Patheon NV Durham NC Oct15          35      (117)        (33)      (107)        (16)          (2)


Ply Gem Holdings Inc Cary NC Dec15          32        (31)        (80)        (39)        (85)          28        (77)      (498)            5
Investors Title Co Chapel Hill NC Dec15          13          10          15          11            7            6            5          (1)            8
Paragon Commercial Raleigh NC Dec15          11            8            5            3            1



SciQuest Inc Morrisville NC Dec15            2          (0)          (5)          (1)            3            2          19            1          (5)
ChannelAdvisor Corp Morrisville NC Dec15        (21)        (35)        (21)          (5)          (4)          (5)          (3)

Cree Inc Durham NC Jun16        (22)        (65)        123          87          44        147        152          31          32
Novan Durham NC Dec15        (26)        (13)          (6)





BioDelivery Sciences Intl Inc Raleigh NC Dec15        (38)        (54)        (57)            2        (23)        (13)          33        (17)        (25)
BioCryst Pharmaceuticals Durham NC Dec15        (43)        (45)        (30)        (39)        (57)        (34)        (13)        (25)        (29)
Transenterix Morrisville NC Dec15        (47)        (38)        (28)        (15)        (17)



Aerie Pharmaceutics Research Triangle Park NC Dec15        (74)        (48)        (31)        (15)        (13)



Argos Therapeutics Inc Durham NC Dec15        (75)        (53)        (24)        (10)        (20)          (9)        (11)        (13)          (6)
Cempra Inc Chapel Hill NC Dec15        (91)        (62)        (45)        (24)        (21)        (20)        (19)        (15)          (8)
Chimerix Inc Durham NC Dec15      (117)        (59)        (36)          (4)        (26)        (25)        (13)        













Total all 25


    1,068        288        335        436        493        640        614          24        501













2015 Earnings % Increase











….. Above 2014 Earnings


271%







….. Above 2008 Earnings


4,350%










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