Monday, September 4, 2017

US Primary Metals Industries Manufacturing (16) Companies Generated Total Earnings of $1.866 Bil in the 2Q 2017, the Trump Administration's First Full Quarter in Office, Down Precipitously By 35% From Their 2Q 2016 Total Earnings of $2.854 Bil

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 16 Primary Metals Industries Manufacturing Companies (SEC Standard Identification Codes 3300s) headquartered in the US with Stock Market Capitalizations of more than $1 Bil very recently and which have filed their Calendar Second Quarter 2017 Financial Statements with the SEC.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and 2016 for each of these 16 largest US Primary Metals Industries Manufacturing Companies.






Calendar Calendar






2Q 17 2Q 16
US Manufacturing Companies


Calendar US GAAP US GAAP Net Net
Other Than Oil & Gas and Technology

Most
2Q 17 Net Net Income Income
Primary Metal Industries (SIC 3000s) City State Recent
Month Income Income Better Better
Stock Market Caps Above $1 Bil HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %
Steel (SEC 3310-3320s)








Nucor Corp Charlotte NC Dec16
June17               342               271                 71 26%
United States Steel Corp Pittsburgh PA Dec16
June17               261               (46)               307 NM
Steel Dynamics Fort Wayne IN Dec16
June17               153               140                 13 9%
AK Steel Holding Corp West Chester OH Dec16
June17                 76                 34                 42 124%
Worthington Industries Columbus OH May17
May17                 61                 63                 (2) -3%
Commercial Metals Company Irving TX Aug16
May17                 40                 35                   5 14%
Carpenter Technology Corp Wyomissing PA Jun17 June17                 26                 15                 11 73%
Allegheny Technologies Pittsburgh PA Dec16
June17                 13               (16)                 29 NM










Total all 8 Steel




              972               496               476 96%










Primary Metal Industries Other Than Steel (SIC 3330-3390s)







Corning Corning NY Dec16
June17               439            2,207          (1,768) -80%
Arconic New York NY Dec16
June17               212                 53               159 300%
Alcoa New York NY Dec16
June17               138               (12)               150 NM
Belden St Louis MO Dec16
June17                 36                 42                 (6) -14%
Matthews Intl Corp Pittsburgh PA Sep16
June17                 29                 24                   5 21%
Mueller Industries Memphis TN Dec16
June17                 28                 28                  -   0%
Century Aluminum Co Chicago IL Dec16
June17                   7               (10)                 17 -170%
Kaiser Aluminum Corp Foothill Ranch CA Dec16
June17                   5                 26               (21) -81%










Total all 8 Other Primary Metals




              894            2,358          (1,464) -62%










Total all 16 Primary Metals Industries




           1,866            2,854             (988) -35%