Saturday, June 9, 2018

The 32 Arizona Companies With Market Caps of at Least $1 Bil Posted March 2018 Quarter Total Pretax Income (PTI) of $3.6 Bil, Up a Spectacular 60% From Their March 2017 Quarter, Even Topping Texas Companies 40% Total PTI Growth ........................................................................................ The 7 Arizona Technology Cos Generated Total PTI in the March 2018 Quarter Which Increased By an Off-the-Charts 170% From the March 2017 Quarter ........................................................................................ The 2 Arizona Mining Cos Generated Total PTI in the March 2018 Quarter of a Huge $2.0 Bil, Up By an Off-the-Charts 119% From the March 2017 Quarter ........................................................................................ The 4 Arizona Financial Cos Generated Total PTI in the March 2018 Quarter Which Increased By a Very Robust 34% From the March 2017 Quarter ........................................................................................ The 7 Arizona Manufacturing Cos Generated Total PTI in the March 2018 Quarter Which Increased By a Robust 17% From the March 2017 Quarter ........................................................................................ In the One Soft Spot, the 12 Arizona Cos in All Other Sectors Posted Total PTI in the March 2018 Quarter Which Decreased By 52% From the March 2017 Quarter ........................................................................................ When Cos in a US State Get Such Tremendous Total PTI Growth of 60%, Its US Senators John McCain and Jeff Flake Had To Have Played a Significant Role Here

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 Arizona with March 2018 Quarter Ends, with stock market caps above $1 Bil recently and which have released their March 2018 Quarter Earnings by June 8, 2018.  

I will update this quarterly earnings chart later for Companies with April 2018 and May 2018 Quarter End Earnings.
 US GAAP   US GAAP   US GAAP   US GAAP 
 US GAAP   US GAAP   US GAAP   US GAAP   US GAAP   US GAAP   Effective   Effective  Pretax Net
Pretax  Income  Net Pretax  Income  Net  Income   Income  Income Income
Arizona Companies Income Tax Income Income Tax Income Tax Tax % Change % Change
Market Caps At Least $1 Bil (Loss) Expense (Loss) (Loss) Expense (Loss) Rate Rate March Qtr March Qtr
Releasing March 2018 Qtr  March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr March Qtr 2018 2018
 Earnings By June 8, 2018 2018 2018 2018 2017 2017 2017 2018 2017 vs 2017 vs 2017
mils $ mils $ mils $ mils $ mils $ mils $
Technology Cos
Microchip Technology           188             41           147             72            (65)           137 21.8% -90.3% 161% 7%
ON Semiconductor           157             16           141           115             36             79 10.2% 31.3% 37% 78%
First Solar             95             12             83             15               6               9 12.6% 40.0% 533% 822%
Insight Enterprises             44             11             33             19               5             14 25.0% 26.3% 132% 136%
Amkor Technology             13               3             10            (15)              (1)            (14) 23.1% 6.7% 187% 171%
GoDaddy               4              -                 4              (2)               1              (3) 0.0% -50.0% 300% 233%
Carvana            (53)              -              (53)            (38)              -              (38) 0.0% 0.0% -39% -39%
Total all 7 Technology Cos           448             83           365           166            (18)           184 18.5% -10.8% 170% 98%
Mining Cos
Freeport McMoran        1,334           506           828           442           174           268 37.9% 39.4% 202% 209%
Southern Copper           709           237           472           491           176           315 33.4% 35.8% 44% 50%
Total 2 Mining Cos        2,043           743        1,300           933           350           583 36.4% 37.5% 119% 123%
Financial Cos
Western Alliance Bancorp           122             21           101             98             25             73 17.2% 25.5% 24% 38%
STORE Capital Corp             50              -               50             31              -               31 0.0% 0.0% 61% 61%
VEREIT             30               1             29             15               3             12 3.3% 20.0% 100% 142%
Healthcare Trust of America             10              -               10             14              -               14 0.0% 0.0% -29% -29%
Total all 4 Financial Cos           212             22           190           158             28           130 10.4% 17.7% 34% 46%
Manufacturing Cos
Carlisle Cos             78             20             58             84             26             58 25.6% 31.0% -7% 0%
Versum Materials             77             14             63             58             11             47 18.2% 19.0% 33% 34%
Rogers Corp             31               5             26             40             13             27 16.1% 32.5% -23% -4%
Cavco Industries             31               9             22             17               6             11 29.0% 35.3% 82% 100%
Mobile Mini             20               5             15             15               5             10 25.0% 33.3% 33% 50%
Benchmark Electronics             17             41            (24)             10               1               9 241.2% 10.0% 70% -367%
Axon Enterprises             15               2             13               6               1               5 13.3% 16.7% 150% 160%
Total all 7 Manufacturing Cos           269             96           173           230             63           167 35.7% 27.4% 17% 4%
Cos in all Other Sectors
Republic Services           311             73           238           296           108           188 23.5% 36.5% 5% 27%
Grand Canyon Education             91             17             74             76             20             56 18.7% 26.3% 20% 32%
Knight-Swift Transportation             90             19             71             23               8             15 21.1% 34.8% 291% 373%
Sprouts Farmers Market             74               7             67             68             22             46 9.5% 32.4% 9% 46%
Taylor Morrison Home             59             12             47             55             19             36 20.3% 34.5% 7% 31%
Cable One             51             10             41             51             19             32 19.6% 37.3% 0% 28%
Meritage Homes             49               5             44             37             13             24 10.2% 35.1% 32% 83%
Magellan Health             11              -               11             29             12             17 0.0% 41.4% -62% -35%
Pinnacle West Capital               7              (1)               8             32               4             28 -14.3% 12.5% -78% -71%
Viad            (16)              (5)            (11)             10               3               7 31.3% 30.0% -260% -257%
Accelerate Diagnostics            (21)              -              (21)            (14)              -              (14) 0.0% 0.0% -50% -50%
Avnet            (72)           244          (316)           106             16             90 -338.9% 15.1% -168% -451%
Total all 12 in Other Sectors           634           381           253           769           244           525 60.1% 31.7% -18% -52%
Total all 32 Arizona Cos        3,606        1,325        2,281        2,256           667        1,589 36.7% 29.6% 60% 44%



Posted by at