Thursday, July 27, 2017

South Carolina Largest Companies 2016 Total Audited Earnings Were Up an Off-the-Charts 618% Above Their 2015 Total Audited Earnings Under Quick-Witted Lindsey Graham, Obama and Yellen ....................................................................................... These Companies Had a Total Earnings Improvement From 2008 to 2016 of $994 Mil

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 8 Companies headquartered in the US State of South Carolina 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.  Traditional Highly Regulated Utilities Companies were excluded.

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 8 South Carolina 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
South Carolina 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














Sonoco Products Co Hartsville SC Dec16        288        251        227        211        195        219        202        155        157        212
Domtar Corp Fort Mill SC Dec16        128        142        431          91        172        365        605        310      (573)          70
AVX Corp Fountain Inn SC Mar17        126        102        226        127        (64)        153        244        143          81        149
South State Corp Columbia SC Dec16        101          99          75          49          30          23          52          14          16          22
Ingevity  North Charleston  SC Dec16          44          84        133        118        122




ScanSource Inc Greenville SC Jun16          64          65          82          35          74          74          49          48          56          43
Blackbaud Inc Charleston SC Dec16          42          26          28          30            7          33          29          28          29          30
3D Systems Corp Rock Hill SC Dec16        (39)      (664)          12          44          39          35          20            1          (6)          (7)














Total all 8


       754        105     1,214        705        575        902     1,201        699      (240)        519














2016 Total Earnings % Above 2015

     618%






















Earnings Improvement 2016 vs 2008

       994