Saturday, June 9, 2018

The 37 Maryland Companies With Market Caps of at Least $1 Bil Posted March or April 2018 Quarter Total Pretax Income (PTI) of $4.3 Bil, Up a Robust 18% From Their March or April 2017 Quarter and 6% Above the 12% Earnings Growth of All US Companies With the Same Market Caps ....................................................................................... The 12 Maryland REITs With Market Caps of at Least $1 Bil Posted March 2018 Quarter Total PTI Which Was Up a Very Robust 47% From Their March 2017 Quarter, Clearly Driven By AGNC Investment ....................................................................................... The 5 Maryland Health Care Cos Posted March 2018 Quarter Total PTI Which Was Up a Very Robust 60% From Their March 2017 Quarter ....................................................................................... Large US Defense Contractor Lockheed Martin Generated March 2018 Quarter PTI of $1.4 Bil, Up a Robust 31% From Its March 2017 Quarter ....................................................................................... The 6 Maryland Non-REIT Financial Cos Posted March 2018 Quarter Total PTI Which Declined By 1% From Their March 2017 Quarter ........................................................................................ And the 13 Maryland Cos in Other Sectors Posted Total March or April 2018 Quarter PTI Which Declined By 15% 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 Maryland 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
Maryland 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 $
REITs
AGNC Investment Corp           424              -             424             76              -               76 0.0% 0.0% 458% 458%
Host Hotels & Resorts           260               4           256           155              (6)           161 1.5% -3.9% 68% 59%
Omega Healthcare Investors             89               1             88           110               1           109 1.1% 0.9% -19% -19%
Federal Realty Investment Trust             63              -               63             58              -               58 0.0% 0.0% 9% 9%
RLJ Lodging Trust             25               1             24             23               1             22 4.0% 4.3% 9% 9%
Pebblebrook Hotel Trust             24              (1)             25             11              (3)             14 -4.2% -27.3% 118% 79%
Corporate Office Properties Trust             19              -               19             23              -               23 0.0% 0.0% -17% -17%
Saul Centers             15              -               15             17              -               17 0.0% 0.0% -12% -12%
Diamondrock Hospitality               4              -                 4             10               1               9 0.0% 10.0% -60% -56%
JBG Smith Properties              (6)              (1)              (5)                   6              -                 6 16.7% 0.0% -200% -183%
LaSalle Hotel Properties            (11)              (4)              (7)             77              (5)             82 36.4% -6.5% -114% -109%
Quality Care Properties            (20)              -              (20)             37              -               37 0.0% 0.0% -154% -154%
Total all 12 REITs           886              -             886           603            (11)           614 0.0% -1.8% 47% 44%
Health Care Cos
United Therapeutics           309             65           244           264             85           179 21.0% 32.2% 17% 36%
Regenxbio           104              -             104            (22)              -              (22) 0.0% 0.0% 573% 573%
Supernus Pharmaceuticals             31               5             26             16               6             10 16.1% 37.5% 94% 160%
Medpace Holdings             15               3             12               9               3               6 20.0% 33.3% 67% 100%
Emergent BioSolutions            (10)              (5)              (5)             14               3             11 50.0% 21.4% -171% -145%
Total all 5 Health Care Cos           449             68           381           281             97           184 15.1% 34.5% 60% 107%
US Defense Contractor
Lockheed Martin        1,360           203        1,157        1,035           246           789 14.9% 23.8% 31% 47%
Financial Cos
T Rowe Price           600           144           456           637           236           401 24.0% 37.0% -6% 14%
Legg Mason           124             40             84           103             13             90 32.3% 12.6% 20% -7%
Eagle Bancorp             48             12             36             42             15             27 25.0% 35.7% 14% 33%
Walker & Dunlop             44               7             37             56             13             43 15.9% 23.2% -21% -14%
Sandy Spring Bancorp             28               7             21             23               8             15 25.0% 34.8% 22% 40%
WillScot              (7)              -                (7)            (17)              (5)            (12) 0.0% 29.4% 59% 42%
Total all 6 Financial Cos           837           210           627           844           280           564 25.1% 33.2% -1% 11%
Cos in all Other Sectors
Marriott Intl           502           104           398           494           123           371 20.7% 24.9% 2% 7%
Laureate Education           174               2           172          (147)            (27)          (120) 1.1% 18.4% 218% 243%
WR Grace             68             25             43             61             18             43 36.8% 29.5% 11% 0%
US Silica Holdings             39               8             31               1              (2)               3 20.5% -200.0% 3800% 933%
Colfax             38               6             32             51             13             38 15.8% 25.5% -25% -16%
Choice Hotels Intl             30               5             25             34             10             24 16.7% 29.4% -12% 4%
Sinclair Broadcasting Group             28            (16)             44             99             28             71 -57.1% 28.3% -72% -38%
Ciena             20               6             14             42               4             38 30.0% 9.5% -52% -63%
2U Inc            (16)              (1)            (15)              (3)              -                (3) 6.3% 0.0% 433% 400%
Discovery Inc            (17)            (20)               3           276             55           221 117.6% 19.9% -106% -99%
Inovalon Holdings            (23)              (6)            (17)               6               2               4 26.1% 33.3% -483% -525%
Under Armour            (34)              (4)            (30)               2               4              (2) 11.8% 200.0% -1800% -1400%
TerraForm Power            (77)              (1)            (76)            (57)              (1)            (56) 1.3% 1.8% -35% -36%
Total all 13 in Other Sectors           732           108           624           859           227           632 14.8% 26.4% -15% -1%
   
Total all 37 Maryland Cos        4,264           589        3,675        3,622           839        2,783 13.8% 23.2% 18% 32%