Sunday, July 29, 2018

All 241 Largest US Companies With Stock Market Caps Above $10 Bil Which Released Their June 2018 Quarter End Earnings By July 27, 2018 Generated June 2018 Quarter Total US GAAP Pretax Income (PTI) From Continuing of $257.370 Bil, Up 13.9% From Their Total PTI of $226.001 Bil in Their June 2017 Quarter ........................................................................................

Of These 241 US Cos, 15 Are Oil & Gas Companies Which Generated June 2018 Quarter Total US GAAP Pretax Income (PTI) From Continuing Operations of $20.143 Bil, Up a Spectacularly Off-the-Charts 339% From Their Total PTI of $4.588 Bil in Their June 2017 Quarter ........................................................................................

Thus, of These 241 US Cos, 226 Are Non-Oil & Gas Companies Which Generated June 2018 Quarter Total US GAAP Pretax Income (PTI) of $237.227 Bil, Up a Substantially Lower 7.1% From Their Total PTI of $221.413 Bil in Their June 2017 Quarter 

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Therefore So Far, 6.8% or Nearly Half of the 13.9% Total PTI Growth of All 241 US Cos is Due Just to the 15 US Oil & Gas Cos

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It Should Be Interesting To See How the Many Later June 2018 Quarter Earnings Reporters Impact These Total PTI Growth Numbers