Thursday, May 31, 2018

The 19 Largest North Carolina Companies With Stock Market Caps Above $5 Bil Generated March 2018 Quarter Total Pretax Income of $12.149 Bil, Up a Very Robust 18% From the March 2017 Quarter and 7% Above the 11% Total Pretax Income Growth of All 776 US Companies With Stock Market Caps Above $5 Bil ........................................................................................ The 4 Largest North Carolina Financial Companies With Stock Market Caps Above $5 Bil, Which Comprised 77% of the Total Pretax Income of All 19 Largest NC Companies, Generated March 2018 Quarter Total Pretax Income of $9.389 Bil, Up an Exceptional 27.5% From the March 2017 Quarter and Their After-Tax Net Income Increased By an Even More Exceptional 41% ....................................................................................... Large NC Utility Corp Duke Energy's Pretax Income Declined By 24% ....................................................................................... All Other 14 Largest NC Companies Total Pretax Income Increased By 6.5% .......................................................................................

From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations, the US GAAP Net Income (Loss) From Continuing Operations and the related US GAAP Income Tax Expense for the March 2018 and 2017 Quarters for all US  Companies including both Partnerships and REITs which are Headquartered in the US State of North Carolina with March 2018 Quarter Ends, with stock market caps above $5 Bil very recently and which have released their March 2018 Quarter Earnings by May 24, 2018.  

I will update this quarterly earnings chart later for Companies with stock market caps somewhat below $5 Bil and also for Companies with April 2018 and May 2018 Quarter End Earnings.
 US GAAP   US GAAP   US GAAP   US GAAP 
 US GAAP   US GAAP   Effective   Effective  Pretax Net
 US GAAP   Income   US GAAP   US GAAP   Income   US GAAP   Income   Income  Income Income
North Carolina Companies Pretax Tax Net Pretax Tax Net Tax Tax % Change % Change
Market Caps Above $5 Bil Income Expense Income Income Expense Income Rate Rate March Qtr March Qtr
Releasing March 2018  March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr 2018 2018
 Qtr Earnings Thru 5-24-18 2018 2018 2018 2017 2017 2017 2018 2017 vs 2017 vs 2017
mils $ mils $ mils $ mils $ mils $ mils $
Financial Companies
Bank of America        8,394        1,476        6,918        7,320        1,983        5,337 17.6% 27.1% 15% 30%
BB&T Corp           977           186           791           530           104           426 19.0% 19.6% 84% 86%
First Citizens Bancshares           131             31           100           105             37             68 23.7% 35.2% 25% 47%
Brighthouse Financial          (113)            (48)            (65)          (590)          (241)          (349) 42.5% 40.8% 81% 81%
Total all 4 Financial Cos        9,389        1,645        7,744        7,365        1,883        5,482 17.5% 25.6% 27% 41%
Utility Company
Duke Energy           803           181           622        1,061           344           717 22.5% 32.4% -24% -13%
All Other Companies
Nucor Corp           516           136           380           549           171           378 26.4% 31.1% -6% 1%
V F Corp           294             33           261           269             56           213 11.2% 20.8% 9% 23%
Laboratory Corp of America           242             69           173           265             82           183 28.5% 30.9% -9% -5%
Ingersoll Rand plc           167             33           134           156             29           127 19.8% 18.6% 7% 6%
Albemarle           159             20           139             75             12             63 12.6% 16.0% 112% 121%
Old Dominion Freight Line           147             38           109           107             41             66 25.9% 38.3% 37% 65%
Sealed Air           114           322          (208)             83           136            (53) 282.5% 163.9% 37% -292%
Hanesbrands             94             15             79             78               5             73 16.0% 6.4% 21% 8%
IQVIA Holdings             92             19             73           126             24           102 20.7% 19.0% -27% -28%
Curtiss-Wright             61             17             44             41               9             32 27.9% 22.0% 49% 38%
PRA Health Sciences             57             18             39             33               8             25 31.6% 24.2% 73% 56%
CommScope Holdings             46             12             34             36               2             34 26.1% 5.6% 28% 0%
Martin Marietta Materials             12               2             10             57             15             42 16.7% 26.3% -79% -76%
Qorvo            (44)            (31)            (13)            (37)            (93)             56 70.5% 251.4% -19% -123%
Total all 14 Other Cos        1,957           703        1,254        1,838           497        1,341 35.9% 27.0% 6% -6%
Total all 19 North Carolina Cos      12,149        2,529        9,620      10,264        2,724        7,540 20.8% 26.5% 18% 28%

Posted by at

Tuesday, May 29, 2018

The 21 Largest Michigan Companies With Stock Market Caps Above $5 Bil Generated March 2018 Quarter Total Pretax Income Which Decreased By a Disappointing 17% From That in the March 2017 Quarter ........................................................................................ The 9 Michigan Largest Auto Industry Companies Experienced a Total Pretax Income Decline of a Clearly Disastrous 33% in the March 2018 Quarter From the March 2017 Quarter ........................................................................................ On the Other Hand, the 12 Largest Michigan Non-Auto Industry Companies, Due Predominately To the Newly Merged With the Resultant Lack of Initial High-Quality Earnings DowDupont, Posted a Total Pretax Income Increase of 16% in the March 2018 Quarter ........................................................................................

From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations, the US GAAP Net Income (Loss) From Continuing Operations and the related US GAAP Income Tax Expense for the March 2018 and 2017 Quarters for all US  Companies including both Partnerships and REITs which are Headquartered in the US State of Michigan with March 2018 Quarter Ends, with stock market caps above $5 Bil very recently and which have released their March 2018 Quarter Earnings by May 24, 2018.  

I will update this quarterly earnings chart later for Companies with stock market caps somewhat below $5 Bil and also for Companies with April 2018 and May 2018 Quarter End Earnings.
 US GAAP   US GAAP   US GAAP   US GAAP 
 US GAAP   US GAAP   Effective   Effective  Pretax Net
 US GAAP   Income   US GAAP   US GAAP   Income   US GAAP   Income   Income  Income Income
Michigan Companies Pretax Tax Net Pretax Tax Net Tax Tax % Change % Change
Market Caps Above $5 Bil Income Expense Income Income Expense Income Rate Rate March Qtr March Qtr
Releasing March 2018  March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr 2018 2018
 Qtr Earnings Thru 5-24-18 2018 2018 2018 2017 2017 2017 2018 2017 vs 2017 vs 2017
mils $ mils $ mils $ mils $ mils $ mils $
Auto Industry Companies
Ford Motor        1,919           174        1,745        2,251           652        1,599 9.1% 29.0% -15% 9%
General Motors        1,576           466        1,110        3,473           787        2,686 29.6% 22.7% -55% -59%
Lear Corp           452             78           374           408             89           319 17.3% 21.8% 11% 17%
Aptiv plc           375             59           316           248             19           229 15.7% 7.7% 51% 38%
BorgWarner           332             95           237           286             86           200 28.6% 30.1% 16% 19%
Autoliv           197             75           122           194             52           142 38.1% 26.8% 2% -14%
WABCO Holdings           133             26           107           100             15             85 19.5% 15.0% 33% 26%
Gentex           132             21           111           135             37             98 15.9% 27.4% -2% 13%
Adient plc          (171)            (28)          (143)           251             37           214 16.4% 14.7% -168% -167%
Total all 9 Auto Industry Cos        4,945           966        3,979        7,346        1,774        5,572 19.5% 24.1% -33% -29%
Non-Auto Industry Companies
DowDupont        1,542           389        1,153        1,128           213           915 25.2% 18.9% 37% 26%
Stryker           542             99           443           499             55           444 18.3% 11.0% 9% 0%
Kellogg           511             67           444           309             43           266 13.1% 13.9% 65% 67%
DTE Energy           419             68           351           504           110           394 16.2% 21.8% -17% -11%
Ally Financial           328             76           252           326           113           213 23.2% 34.7% 1% 18%
CMS Energy           281             40           241           295             96           199 14.2% 32.5% -5% 21%
Masco           200             39           161           210             62           148 19.5% 29.5% -5% 9%
Credit Acceptance Corp           158             38           120           144             51             93 24.1% 35.4% 10% 29%
Perrigo Co plc           111             30             81             96             24             72 27.0% 25.0% 16% 13%
Whirlpool           109             15             94           198             40           158 13.8% 20.2% -45% -41%
Domino's Pizza           104             15             89             91             28             63 14.4% 30.8% 14% 41%
Sun Communities             34              -               34             26              -               26 0.0% 0.0% 31% 31%
Total all 12 Non-Auto Industry Cos        4,339           876        3,463        3,826           835        2,991 20.2% 21.8% 13% 16%
Total all 21 Michigan Companies        9,284        1,842        7,442      11,172        2,609        8,563 19.8% 23.4% -17% -13%
Posted by at
Subscribe to: Posts (Atom)