Wednesday, June 13, 2018

The 30 Missouri Companies With Market Caps of at Least $1 Bil Posted March or April 2018 Quarter Total Pretax Income (PTI) of $5.7 Bil, Up 9% From Their March or April 2017 Quarter and 3% Below the 12% Earnings Growth of All US Companies With the Same Market Caps ....................................................................................... First, the Good News ....................................................................................... Missouri Health Insurance Co Centene Generated March 2018 Quarter PTI of $513 Mil, Up a Blistering 134% From Its March 2017 Quarter ....................................................................................... The 2 Missouri Coal Mining Companies Posted March 2018 Quarter Total PTI Which Was Up an Exceptional 55% From Their March 2017 Quarter ....................................................................................... The 10 Missouri Manufacturing Cos Posted March or April 2018 Quarter Total PTI Which Was Up By a Robust 16% From Their March or April 2017 Quarter ....................................................................................... Now For the Bad News ....................................................................................... Missouri Tax-Preparation Giant H&R Block Generated April 2018 Quarter PTI of $1.2 Bil, Up Only 2% From Its April 2017 Quarter. Just Like Amazon is Flattening Brick and Mortar Retailers, Technology Software & Services Co Intuit is Flattening H&R Block. ....................................................................................... The 6 Missouri Financial Cos Excluding Health Insurer Centene Posted March 2018 Quarter Total PTI Which Was Down 1% From Their March 2017 Quarter ....................................................................................... The 3 Missouri Health Care Cos Posted March 2018 Quarter Total PTI Which Was Down 13% From Their March 2017 Quarter ....................................................................................... And the 4 Missouri Cos in Other Sectors Posted March 2018 Quarter Total PTI Which Was Precisely Flat With That in Their March 2017 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 or April 2018 and 2017 Quarters for all US  Companies including both Partnerships and REITs which are Headquartered in the US State of Missouri 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
Missouri 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 $
Health Insurance
Centene           513           175           338           219             87           132 34.1% 39.7% 134% 156%
Coal Mining Cos
Peabody Energy           218             10           208           126               2           124 4.6% 1.6% 73% 68%
Arch Coal             59              (1)             60             53               1             52 -1.7% 1.9% 11% 15%
Total 2 Coal Mining Cos           277               9           268           179               3           176 3.2% 1.7% 55% 52%
Manufacturing Cos
Emerson Electric           658           169           489           565           181           384 25.7% 32.0% 16% 27%
Post Holdings           116             24             92              (4)              (2)              (2) 20.7% 50.0% 3000% 4700%
Leggett & Platt              95             17             78           107             21             86 17.9% 19.6% -11% -9%
Edgewell Personal Care             86             21             65             90             24             66 24.4% 26.7% -4% -2%
Hostess Brands             36               7             29             34             10             24 19.4% 29.4% 6% 21%
Olin Corp             28               7             21             18               5             13 25.0% 27.8% 56% 62%
Caleres             22               5             17                 21               6             15 22.7% 28.6% 5% 13%
Energizer Holdings             18             10               8             59             12             47 55.6% 20.3% -69% -83%
ESCO Technologies             14               4             10             17               6             11 28.6% 35.3% -18% -9%
Belden               7               4               3             28               2             26 57.1% 7.1% -75% -88%
Total all 10 Manufacturing Cos        1,080           268           812           935           265           670 24.8% 28.3% 16% 21%
Utility Cos
Ameren Corp           195             42           153           161             57           104 21.5% 35.4% 21% 47%
Spire           117             19             98           161             53           108 16.2% 32.9% -27% -9%
Great Plains Energy             41               6             35            (16)              (6)            (10) 14.6% 37.5% 356% 450%
Total all 3 Utility Cos           353             67           286           306           104           202 19.0% 34.0% 15% 42%
Tax Preparation Giant
H & R Block        1,231             85        1,146        1,212           425           787 6.9% 35.1% 2% 46%
    All Financials But Centene
Reinsurance Group           138             38           100           208             62           146 27.5% 29.8% -34% -32%
Commerce Bancshares           125             23           102             97             25             72 18.4% 25.8% 29% 42%
Stifel Financial           120             31             89             79             14             65 25.8% 17.7% 52% 37%
UMB Financial             68             10             58             54             12             42 14.7% 22.2% 26% 38%
EPR Properties             31               1             30             55               1             54 3.2% 1.8% -44% -44%
Enterprise Financial Services Grp             25               4             21             17               5             12 16.0% 29.4% 47% 75%
Total 6 Financials..No Centene           507           107           400           510           119           391 21.1% 23.3% -1% 2%
Health Care Cos
Mallinckrodt plc            (86)            (43)            (43)            (87)            (42)            (45) 50.0% 48.3% 1% 4%
Cerner           200             40           160           243             70           173 20.0% 28.8% -18% -8%
Express Scripts           820           194           626           915           365           550 23.7% 39.9% -10% 14%
Total all 3 Health Care Cos           934           191           743        1,071           393           678 20.4% 36.7% -13% 10%
All Other Sectors
O Reilly Auto           395             90           305           385           120           265 22.8% 31.2% 3% 15%
Kansas City Southern           222             77           145           238             91           147 34.7% 38.2% -7% -1%
Amdocs Ltd           132             30           102           134             21           113 22.7% 15.7% -1% -10%
Jack Henry & Associates             96             23             73             88             28             60 24.0% 31.8% 9% 22%
Total 4 in all Other Sectors           845           220           625           845           260           585 26.0% 30.8% 0% 7%
Total all 30 Missouri Cos        5,740        1,122        4,618        5,277        1,656        3,621 19.5% 31.4% 9% 28%