Thursday, July 27, 2017

Rhode Island Largest Companies 2016 Total Audited Earnings Were $7.913 Bil, Up 7% From Their 2015 Total Audited Earnings of $7.397 Bil Under Obama, Yellen, Whitehouse and Reed ....................................................................................... 2016 Total Audited Earnings Were Up a Substantially Higher 277% From Their 2013 Total Audited Earnings

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 6 Companies headquartered in the US State of Rhode Island 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 6 Rhode Island 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
Rhode Island 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














CVS Health Woonsocket RI Dec16     5,320     5,230     4,645     4,600     3,869     3,488     3,422     3,708     3,344     2,637
Citizens Financial Group Providence RI Dec16     1,045        840        865   (3,426)        643        506          11      (740)        
Textron Providence RI Dec16        843        698        605        498        581        242          92        (73)        324        866
Hasbro Pawtucket RI Dec16        533        447        413        284        336        385        398        375        307        333
United Natural Foods Providence RI Jul16        126        139        125        108          91          77          68          59          48          50
Washington Trust Bancorp Westerly RI Dec16          46          43          41          36          35          30          24          16          22          24














Total all 6


    7,913     7,397     6,694     2,100     5,555     4,728     4,015     3,345     4,045     3,910















2016 Total Earnings % Above:












….. 2015


7%








….. 2014


18%








….. 2013


277%