Saturday, March 18, 2017

The 2,924 US Companies With Market Caps Above $100 Mil, With December Quarter Ends And Which Have Released Their December 2016 Quarter Earnings By Thursday, March 16, 2017 Generated December 2016 Quarter Total US GAAP Earnings of $244 Bil, Up Surely a US Historic High 75% From Their Total US GAAP Earnings of $139 Bil in the December 2015 Quarter ..... It's Great To See Many of These US Companies Register Such Explosive Earnings Improvement in the Final Quarter of the Obama Administration ..... When Earnings Improve So Precipitously, US CEOs Hire More and Lay Off Fewer People and the US Stock Market Hits Record Highs

From a review of the very fine Google Finance Website, the excellent Yahoo Earnings Calendar Website and of company financial statements in the US SEC website, I found the 2,924 Companies headquartered in the US with Stock Market Capitalizations several months ago of more than $100 Mil, which have December Quarter Ends and which have filed their December 2016 Quarter Financial Statements with the SEC by Thursday, March 16, 2017.  Traditional Predominately Regulated Utilities were excluded.

It should be pointed out that there are some additional US Companies, particularly smaller ones, that haven't released their December 2016 Quarter Earnings by March 16, 2017.  In later posts, I will be updating the below tables for these later earnings reporters.

US Generally Accepted Accounting Principles (US GAAP) are promulgated by the very prestigious US Accounting Profession and are considered the gold standard for best measuring economic performance of companies.

US Companies with December Quarter Ends comprise roughly 90% of all US Companies filing with the SEC.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Quarters Ended December 2016 and 2015 shown by Stock Market Capitalization Range for these 2,924 US Companies.  The Earnings of the individual Companies can be viewed in posts shown on the right hand side of the computer screen under Blog Archive.

December 2016 Quarter Company Earnings Releases Through March 16, 2017:



December December


2016 2015



Quarter Quarter

Company
US GAAP US GAAP

Stock
Total Total

Market
Net Net

Cap # of Income Income Better Better
Range Companies (Loss) (Loss) (Worse) (Worse)

 $ mils  $ mils  $ mils %




Above $10 Bil             372               214,991               162,588            52,403 32%
$1 Bil to $10 Bil          1,303                 34,430                 (2,651)            37,081 1399%
$100 Mil to $1 Bil          1,249                 (5,448)               (20,684)            15,236 NM






Total Above $100 Mil          2,924               243,973               139,253          104,720 75%