Wednesday, July 19, 2017

Louisiana Largest Companies 2016 Total Audited Earnings Down 20% From 2015, But Up 116% From 2008 Total Earnings

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 7 Companies headquartered in the US State of Louisiana with Stock Market Capitalizations either very late in 2016 or very early in 2017 of more than $1 Bil and which also have filed their fiscal year 2016 annual financial statements with the SEC.
  
Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 7 Louisiana Companies for all of the fiscal years from 2007 through 2016 where the earnings numbers were reported and also where they were prepared in a fairly consistent manner with those in the most recent years:




2016 2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net Net
Louisiana Companies City State 2016 Income Income Income Income Income Income Income Income Income Income
Market Caps Above $1 Bil HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils














Centurylink Monroe LA Dec16        626        878        772      (239)        777        573        948        513        367          420
Lamar Advertising Baton Rouge LA Dec16        299        263        254          40            8            7        (39)        (58)            2            41
IBERIABANK Corp Lafayette LA Dec16        187        143        105          65          76          54          49        158          40            41
Pool Corp Covington LA Dec16        149        128        111          97          82          72          58          19          57            69
Amerisafe Inc Deridder LA Dec16          78          70          54          44          29          24          35          48          45            51
Amedisys Inc Baton Rouge LA Dec16          37          (2)          13        (95)        (95)      (375)        124        136          87            65
Globalstar Inc Covington LA Dec16      (133)          72      (463)      (591)      (112)        (55)        (97)        (75)        (23)          (28)














Total all 7


    1,243     1,552        846      (679)        765        300     1,078        741        575          659













2016 Total Earnings % Below 2015

-20%






















2016 Total Earnings % Above 2009

68%








2016 Total Earnings % Above 2008

116%