Monday, June 11, 2018

The 8 Washington DC Companies With Market Caps of at Least $1 Bil Posted March 2018 Quarter Total Pretax Income of $6.5 Bil, Up 22% From Their March 2017 Quarter ........................................................................................ However, Exclusive of US Govt Sponsored Fannie Mae, Which Generated Pretax Income of $5.4 Bil in the March 2018 Quarter (Up 30%), the 7 Remaining DC Cos Total Pretax Income in the March 2018 Quarter Declined By 5% Due To Carlyle Group's Much Higher Performance Allocation Revenues in the 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 2018 and 2017 Quarters for all US  Companies including both Partnerships and REITs which are Headquartered in Washington DC 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
Washington DC 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 $
Fannie Mae        5,392        1,131        4,261        4,156        1,383        2,773 21.0% 33.3% 30% 54%
All But Fannie Mae
Danaher           713           147           566           585           101           484 20.6% 17.3% 22% 17%
WGL Holdings           159             27           132           189             71           118 17.0% 37.6% -16% 12%
The Carlyle Group LP           126               8           118           328               6           322 6.3% 1.8% -62% -63%
CoStar Group             56               4             52             35             13             22 7.1% 37.1% 60% 136%
FTI Consulting             54             15             39             22               8             14 27.8% 36.4% 145% 179%
Cogent Communications             10               3               7               8               4               4 30.0% 50.0% 25% 75%
Washington REIT               3              -                 3               7              -                 7 0.0% 0.0% -57% -57%
Total all Except Fannie Mae        1,121           204           917        1,174           203           971 18.2% 17.3% -5% -6%
Total all 8 DC Cos        6,513        1,335        5,178        5,330        1,586        3,744 20.5% 29.8% 22% 38%