Wednesday, May 24, 2017

The 2,080 US Companies With Market Caps Above $500 Mil, With March Quarter Ends And Which Have Released Their March 2017 Quarterly Earnings By May 23, 2017 Generated March 2017 Quarter Total US GAAP Earnings of $260 Bil in the Trump Administration's First Quarter in Office, Up a Very Robust 36% From Their Total US GAAP Earnings of $191 Bil in the March 2016 Quarter, Driven By Off-the-Charts Oil & Gas Companies Earnings Improvement ........................................................................................ As a Comparison, the 2,167 US Companies With Market Caps Above $500 Mil and With December Quarter Ends Generated December 2016 Quarter Total US GAAP Earnings of $247 Bil in the Obama Administration's Last Quarter in Office, Up Surely a US Historic High 67% From Their Total US GAAP Earnings of $148 Bil in the December 2015 Quarter, Also Driven By Off-the-Charts Oil & Gas Companies Earnings Improvement

From a review of the very fine Google Finance Website, the excellent Zacks and Yahoo Earnings Calendar Websites and of company financial statements in the US SEC Website, I found the 2,080 Companies headquartered in the US with Stock Market Capitalizations at the end of 2016 or very early in 2017 of more than $500 Mil, which have March Quarter Ends and which have filed their March 2017 Quarter Financial Statements with the SEC by May 23, 2017.  Traditional Predominately Regulated Utilities were excluded.

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 March 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 March 2017 and 2016 shown by Stock Market Capitalization Range for these 2,080 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.


March March


2017 2016



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             367               217,052               175,916            41,136 23%
$1 Bil to $10 Bil          1,257                 43,439                 17,300            26,139 151%
$500 Mil to $1 Bil             456                    (154)                 (1,889)              1,734 NM
Above $500 Mil           2,080               260,337               191,327            69,010 36%

And as a comparison, below here is the same information for the December 2016 and 2015 Quarters:



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          1,325                 32,921                 (3,339)            36,260 1086%
$500 Mil to $1 Bil             470                    (814)               (11,628)            10,814 NM
Above $500 Mil           2,167               247,099               147,621            99,477 67%