Thursday, June 14, 2018

Delaware Companies March Quarter 2018 Earnings ..... Incyte Corp Was Isolated Out Because Its March 2017 Quarter Was Burdened By Two Large Earnings Charges: By $209 Mil For Upfront Payment to R&D Collaborative Partners and By $54 Mil For the Expense of Converting Debt ........................................................................................ The Remaining 6 Delaware Cos, Excluding Incyte, With Market Caps of At Least $1 Bil, Generated March 2018 Quarter Total PTI of $819 Mil, Up a Blistering 49% From Their March 2017 Quarter, Driven By Chemical Manufacturer The Chemours Co Generating March 2018 Quarter PTI Growth of an Off-the-Charts 120% ........................................................................................

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 Delaware with March 2018 Quarter Ends, with stock market caps above $1 Bil recently and which have released their March 2018 Quarter Earnings by June 12, 2018.  

I will update this quarterly earnings chart later for Companies with April 2018 and May 2018 Quarter End Earnings.
US US US US
US US US US US US  GAAP   GAAP   GAAP   GAAP 
 GAAP   GAAP   GAAP   GAAP   GAAP   GAAP   Effective   Effective  Pretax Net
Pretax  Income   Net  Pretax  Income   Net   Income   Income  Income Income
Income Tax Income Income Tax Income Tax Tax % Change % Change
Delaware Companies (Loss) Expense (Loss) (Loss) Expense (Loss) Rate Rate March or March or
Market Caps At Least $1 Bil March or March or March or March or March or March or March or March or April Qtr April Qtr
Releasing March or April 2018 April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr 2018 2018
 Qtr Earnings By June 12, 2018 2018 2018 2018 2017 2017 2017 2018 2017 vs 2017 vs 2017
mils $ mils $ mils $ mils $ mils $ mils $
Incyte Corp            (40)               1            (41)          (198)            (11)          (187) -2.5% 5.6% 80% 78%
All But Incyte
Chemours Co           381             84           297           173             22           151 22.0% 12.7% 120% 97%
SLM Corp           167             41           126           146             51             95 24.6% 34.9% 14% 33%
Navient           162             36           126           141             53             88 22.2% 37.6% 15% 43%
WSFS Financial             48             11             37             27               8             19 22.9% 29.6% 78% 95%
Chesapeake Utilities             37             10             27             32             13             19 27.0% 40.6% 16% 42%
Interdigital             24              (5)             29             31              (2)             33 -20.8% -6.5% -23% -12%
Total all 6…..No Incyte           819           177           642           550           145           405 21.6% 26.4% 49% 59%
Total all 7           779           178           601           352           134           218 22.8% 38.1% 121% 176%