Thursday, June 14, 2018

Utah Companies Are Dominated By Zions Bancorp, Whose March 2018 Quarter Pretax Income (PTI) of $308 Mil Comprised 56% of All 12 Utah Companies With Market Caps of At Least $1 Bil ........................................................................................ Zions Bancorp March 2018 Quarter PTI Increased By $124 Mil or By a Blistering 67% From Its March 2017 Quarter ........................................................................................ On the Other Hand, All 11 Utah Companies Other Than Zions Bancorp Generated March or April 2018 Quarter Total PTI Which Declined By a Very Disappointing 6% From That in the Prior Years Quarter ........................................................................................ Zions Bancorp Substantially Benefited From the US Fed Raising Short-Term Interest Rates With Its Net Interest Income Margin After Loan Loss Provision Increasing By $116 or By 94% of Its Total PTI Increase of $124 Mil ........................................................................................

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 Utah 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
Utah 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 $
Zions Bancorp           308             70           238           184             45           139 22.7% 24.5% 67% 71%
All But Zions Bancorp
Extra Space Storage             97               1             96             93               3             90 1.0% 3.2% 4% 7%
SkyWest             67             13             54             53             18             35 19.4% 34.0% 26% 54%
Nu Skin Enterprises             60             25             35             42             14             28 41.7% 33.3% 43% 25%
Usana Health Sciences             44             15             29             33             12             21 34.1% 36.4% 33% 38%
HealthEquity             21              (2)             23             16               2             14 -9.5% 12.5% 31% 64%
Myriad Genetics             16               5             11               8               4               4 31.3% 50.0% 100% 175%
Varex Imaging             16               4             12             22               7             15 25.0% 31.8% -27% -20%
Merit Medical System               6               1               5             15               1             14 16.7% 6.7% -60% -64%
Instructure            (12)              -              (12)            (12)              -              (12) 0.0% 0.0% 0% 0%
Pluralsight            (23)              -              (23)            (10)              -              (10) 0.0% 0.0% -130% -130%
Overstock.com            (54)              -              (54)              (6)              -                (6) 0.0% 0.0% -800% -800%
Total 11…No Zions Bancorp           238             62           176           254             61           193 26.1% 24.0% -6% -9%
Total all 12 Utah Cos           546           132 414           438           106 332 24.2% 24.2% 25% 25%