Monday, June 11, 2018

The 32 Wisconsin Companies With Market Caps of at Least $1 Bil Posted March or April 2018 Quarter Total Pretax Income (PTI) of $3.7 Bil, Up a Robust 13% From Their March or April 2017 ....................................................................................... The Big 2 Wisconsin Cos Deliver Big-Time, With FinTech Fiserv March 2018 Quarter PTI Up 61% and Building Solutions Provider Johnson Controls March 2018 Quarter PTI Up 43% ....................................................................................... However, the Key, Large Wisconsin Manufacturing Sector Performed Modestly in the First Full Quarter That the Trump Tax Cuts Act Were in Place, With the 18 Wisconsin Manufacturing Cos Generating Total PTI of $1.3 Bil, Up Only 3%, and Total After-Tax Net Income Up a Very Modest 7%, Both From the Prior Year's Quarter ....................................................................................... The 4 Wisconsin Financial Cos Posted March 2018 Quarter Total PTI Which Increased By a Robust 16% From Their March 2017 Quarter ....................................................................................... The 3 Wisconsin Utility Cos Posted March 2018 Quarter Total PTI Which Declined By 10% From Their March 2017 Quarter ....................................................................................... And the 5 Wisconsin Cos in Other Sectors Posted Total March or April 2018 Quarter PTI Which Increased By a Robust 16% From the March or April 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 Wisconsin 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 8, 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 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
Income Tax Income Income Tax Income Tax Tax % Change % Change
Wisconsin 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 8, 2018 2018 2018 2018 2017 2017 2017 2018 2017 vs 2017 vs 2017
mils $ mils $ mils $ mils $ mils $ mils $
Big 2
Fiserv           563           140           423           349           102           247 24.9% 29.2% 61% 71%
Johnson Controls Intl plc           561             78           483           393           508          (115) 13.9% 129.3% 43% 520%
Total Big 2        1,124           218           906           742           610           132 19.4% 82.2% 51% 586%
Manufacturing Cos
Rockwell Automation           300             72           228           230             41           189 24.0% 17.8% 30% 21%
Harley Davidson           230             55           175           285             98           187 23.9% 34.4% -19% -6%
Snap On           224             58           166           208             63           145 25.9% 30.3% 8% 14%
Oshkosh Corp           147             36           111             68             24             44 24.5% 35.3% 116% 152%
A.O. Smith           125             27             98           120             33             87 21.6% 27.5% 4% 13%
Regal Beloit             75             16             59             61             14             47 21.3% 23.0% 23% 26%
Gardner Denver Holdings             66             23             43              (9)              (2)              (7) 34.8% 22.2% 833% 714%
Bemis             63             15             48             74             23             51 23.8% 31.1% -15% -6%
Sensient Technologies             50             12             38             19               6             13 24.0% 31.6% 163% 192%
Generac Holdings             45             11             34             20               8             12 24.4% 40.0% 125% 183%
Brady Corp             37             11             26             31               8             23 29.7% 25.8% 19% 13%
Plexus Corp             15               3             12             32               3             29 20.0% 9.4% -53% -59%
REV Group             10               3               7             11               4               7 30.0% 36.4% -9% 0%
Badger Meter             10               2               8             13               4               9 20.0% 30.8% -23% -11%
Spectrum Brands Holdings              (0)              (1)               1             64             24             40 333.3% 37.5% -100% -98%
Douglas Dynamics              (3)              (1)              (2)              (6)              (3)              (3) 33.3% 50.0% 50% 33%
Quad/Graphics              (7)              (3)              (4)             32               7             25 42.9% 21.9% -122% -116%
Rexnord            (54)               8            (62)             38             11             27 -14.8% 28.9% -242% -330%
Total all 18 Manufacturing Cos        1,333           347           986        1,291           366           925 26.0% 28.4% 3% 7%
Financial Cos
MGIC Investment Corp           180             36           144               174             84             90 20.0% 48.3% 3% 60%
Associated Bancorp             87             18             69             77             21             56 20.7% 27.3% 13% 23%
Artisan Partners Asset Mgt             84             12             72             55             13             42 14.3% 23.6% 53% 71%
Physicians Realty Trust             11              -               11               7              -                 7 0.0% 0.0% 57% 57%
Total all 4 Financial Cos           362             66           296           313           118           195 18.2% 37.7% 16% 52%
Utility Cos
WEC Energy Group           479             88           391           570           213           357 18.4% 37.4% -16% 10%
Alliant Energy           140             17           123           119             18           101 12.1% 15.1% 18% 22%
MGE Energy             26               6             20             30             11             19 23.1% 36.7% -13% 5%
Total all 3 Utility Cos           645           111           534           719           242           477 17.2% 33.7% -10% 12%
Cos in all Other Sectors
Manpower Group           138             41             97           112             38             74 29.7% 33.9% 23% 31%
Kohls             97             22             75           109             43             66 22.7% 39.4% -11% 14%
Schneider National             65             17             48             38             15             23 26.2% 39.5% 71% 109%
Marten Transport Ltd             14               4             10             14               6               8 28.6% 42.9% 0% 25%
Exact Sciences            (39)              -              (39)            (35)              -              (35) 0.0% 0.0% -11% -11%
Total all 5 in Other Sectors           275             84           191           238           102           136 30.5% 42.9% 16% 40%
Total all 32 Wisconsin Cos        3,739           826        2,913        3,303        1,438        1,865 22.1% 43.5% 13% 56%