Wednesday, June 13, 2018

The 12 Iowa Companies With Market Caps of at Least $1 Bil Posted March or April 2018 Quarter Total Pretax Income of $1.0 Bil, Up Only 3% From Their March or April 2017 Quarter and 9% Below the 12% Earnings Growth of All US Companies With the Same Market Caps .......................................................................................

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 or April 2018 and 2017 Quarters for all US  Companies including both Partnerships and REITs which are Headquartered in the US State of Iowa with March 2018 or April 2018 Quarter Ends, with stock market caps above $1 Bil recently and which have released their March 2018 or April 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 which haven't reported their April or May 2018 Quarter Earnings yet.
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
Iowa 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 $
Principal Financial           457             55           402           414             60           354 12.0% 14.5% 10% 14%
Rockwell Collins           306             69           237           233             65           168 22.5% 27.9% 31% 41%
American Equity Investment Life           178             37           141             81             27             54 20.8% 33.3% 120% 161%
FG Holdings             87             35             52             35             13             22 40.2% 37.1% 149% 136%
Heartland USA             28               5             23             24               6             18 17.9% 25.0% 17% 28%
FBL Financial Group             28               5             23             37             11             26 17.9% 29.7% -24% -12%
United Fire Group             21               1             20             23               4             19 4.8% 17.4% -9% 5%
Casey's General Stores             19              -               19             43             13             30 0.0% 30.2% -56% -37%
Heartland Express             13              -               13             20               6             14 0.0% 30.0% -35% -7%
HNI Corp               1              (1)               2               7               2               5 -100.0% 28.6% -86% -60%
Workiva            (10)              -              (10)              (6)              -                (6) 0.0% 0.0% -67% -67%
Meredith          (125)            (30)            (95)             66             26             40 24.0% 39.4% -289% -338%
Total all 12 Iowa Cos        1,003           176           827           977           233           744 17.5% 23.8% 3% 11%