Health Insurer Aetna Recorded Some Huge Earnings Charges in Its March 2017 Quarter Including a $1 Bil Merger Termination Fee Paid To Humana .......................................................................................
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, April or May 2018 and 2017 Quarters for all US Companies including both Partnerships and REITs which are Headquartered in the US State of Connecticut with March, April or May 2018 Quarter Ends, with stock market caps of at least $500 Mil recently and which have released their March, April or May 2018 Quarter Earnings by July 5, 2018.
| US GAAP | US GAAP | ||||||||||||
| Pretax | Net | ||||||||||||
| US GAAP | US GAAP | Income | Income | ||||||||||
| US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | Effective | Effective | Better | Better | ||||
| Pretax | Income | Net | Pretax | Income | Net | Income | Income | (Worse) | (Worse) | ||||
| Income | Tax | Income | Income | Tax | Income | Tax | Tax | % Change | % Change | ||||
| Connecticut Company | (Loss) | Expense | (Loss) | (Loss) | Expense | (Loss) | Rate | Rate | March, | March, | |||
| Market Caps of $500 Mil+ | March, | March, | March, | March, | March, | March, | March, | March, | April or | April or | |||
| Releasing March, April or | April or | April or | April or | April or | April or | April or | April or | April or | May Qtr | May Qtr | |||
| May 2018 Quarter | May Qtr | May Qtr | May Qtr | May Qtr | May Qtr | May Qtr | May Qtr | May Qtr | 2018 | 2018 | |||
| Earnings By July 5, 2018 | 2018 | 2018 | 2018 | 2017 | 2017 | 2017 | 2018 | 2017 | vs 2017 | vs 2017 | |||
| mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | ||||||||
| Aetna | 1,465 | 246 | 1,219 | (628) | (249) | (379) | 16.8% | 39.6% | 333% | 422% | |||
| United Technologies | 1,890 | 522 | 1,368 | 2,054 | 586 | 1,468 | 27.6% | 28.5% | -8% | -7% | |||
| Cigna | 1,218 | 301 | 917 | 890 | 297 | 593 | 24.7% | 33.4% | 37% | 55% | |||
| Synchrony Financial | 847 | 207 | 640 | 782 | 283 | 499 | 24.4% | 36.2% | 8% | 28% | |||
| Booking Holdings | 753 | 146 | 607 | 528 | 72 | 456 | 19.4% | 13.6% | 43% | 33% | |||
| Praxair | 620 | 148 | 472 | 553 | 149 | 404 | 23.9% | 26.9% | 12% | 17% | |||
| Hartford Financial Services | 519 | 91 | 428 | 401 | 98 | 303 | 17.5% | 24.4% | 29% | 41% | |||
| Amphenol | 355 | 86 | 269 | 298 | 71 | 227 | 24.2% | 23.8% | 19% | 19% | |||
| Alexion Pharma | 352 | 103 | 249 | 194 | 24 | 170 | 29.3% | 12.4% | 81% | 46% | |||
| Interactive Brokers Group | 340 | 21 | 319 | 213 | 18 | 195 | 6.2% | 8.5% | 60% | 64% | |||
| Avangrid | 310 | 72 | 238 | 342 | 103 | 239 | 23.2% | 30.1% | -9% | 0% | |||
| Stanley Black & Decker | 252 | 82 | 170 | 473 | 80 | 393 | 32.5% | 16.9% | -47% | -57% | |||
| Charter Communications | 251 | 28 | 223 | 236 | 25 | 211 | 11.2% | 10.6% | 6% | 6% | |||
| United Rentals | 232 | 49 | 183 | 161 | 52 | 109 | 21.1% | 32.3% | 44% | 68% | |||
| WR Berkley Corp | 211 | 43 | 168 | 184 | 59 | 125 | 20.4% | 32.1% | 15% | 34% | |||
| XL Group Ltd | 193 | 32 | 161 | 227 | 13 | 214 | 16.6% | 5.7% | -15% | -25% | |||
| People's United Financial | 137 | 29 | 108 | 103 | 32 | 71 | 21.2% | 31.1% | 33% | 52% | |||
| Starwood Property Trust | 108 | 3 | 105 | 102 | (1) | 103 | 2.8% | -1.0% | 6% | 2% | |||
| Webster Financial | 100 | 20 | 80 | 81 | 22 | 59 | 20.0% | 27.2% | 23% | 36% | |||
| Fact Set Research Systems | 90 | 15 | 75 | 85 | 20 | 65 | 16.7% | 23.5% | 6% | 15% | |||
| Crane | 84 | 16 | 68 | 88 | 25 | 63 | 19.0% | 28.4% | -5% | 8% | |||
| Star Group LP | 83 | 28 | 55 | 67 | 27 | 40 | 33.7% | 40.3% | 24% | 38% | |||
| XPO Logistics | 79 | - | 79 | 15 | (10) | 25 | 0.0% | -66.7% | 427% | 216% | |||
| Hexcel | 76 | 14 | 62 | 73 | 9 | 64 | 18.4% | 12.3% | 4% | -3% | |||
| Hubbell | 76 | 16 | 60 | 91 | 27 | 64 | 21.1% | 29.7% | -16% | -6% | |||
| EMCOR Group | 76 | 20 | 56 | 80 | 27 | 53 | 26.3% | 33.8% | -5% | 6% | |||
| Pitney Bowes | 73 | 20 | 53 | 96 | 31 | 65 | 27.4% | 32.3% | -24% | -18% | |||
| Xerox | 66 | 40 | 26 | 24 | (24) | 48 | 60.6% | -100.0% | 175% | -46% | |||
| SS&C Technologies | 62 | 11 | 51 | 58 | 10 | 48 | 17.7% | 17.2% | 7% | 6% | |||
| Silgan Holdings | 62 | 16 | 46 | 34 | 11 | 23 | 25.8% | 32.4% | 82% | 100% | |||
| Genesee & Wyoming | 60 | (16) | 76 | 49 | 22 | 27 | -26.7% | 44.9% | 22% | 181% | |||
| Terex | 59 | 11 | 48 | (88) | (28) | (60) | 18.6% | 31.8% | 167% | 180% | |||
| Aircastle Ltd | 57 | (1) | 58 | 44 | 2 | 42 | -1.8% | 4.5% | 30% | 38% | |||
| Barnes Group | 51 | 12 | 39 | 52 | 14 | 38 | 23.5% | 26.9% | -2% | 3% | |||
| Navigators Group | 37 | 6 | 31 | 29 | 8 | 21 | 16.2% | 27.6% | 28% | 48% | |||
| RBC Bearings | 36 | 9 | 27 | 32 | 11 | 21 | 25.0% | 34.4% | 13% | 29% | |||
| Virtus Investment Partners | 30 | 7 | 23 | 18 | 4 | 14 | 23.3% | 22.2% | 67% | 64% | |||
| World Wrestling Entertainment | 20 | 5 | 15 | 1 | - | 1 | 25.0% | 0.0% | 1900% | 1400% | |||
| Sturm Ruger | 19 | 5 | 14 | 34 | 12 | 22 | 26.3% | 35.3% | -44% | -36% | |||
| Kaman | 19 | 5 | 14 | 10 | 4 | 6 | 26.3% | 40.0% | 90% | 133% | |||
| Photronics | 19 | 4 | 15 | 2 | 1 | 1 | 21.1% | 50.0% | 850% | 1400% | |||
| United Financial Bancorp | 17 | 1 | 16 | 16 | 2 | 14 | 5.9% | 12.5% | 6% | 14% | |||
| Urstadt Biddle Properties | 14 | - | 14 | 28 | - | 28 | 0.0% | 0.0% | -50% | -50% | |||
| Lydall | 13 | 2 | 11 | 14 | 2 | 12 | 15.4% | 14.3% | -7% | -8% | |||
| Independence Holding | 9 | 2 | 7 | 8 | 3 | 5 | 22.2% | 37.5% | 13% | 40% | |||
| Ethan Allen Interiors | 4 | 1 | 3 | 3 | 1 | 2 | 25.0% | 33.3% | 33% | 50% | |||
| The Chef's Warehouse | 1 | - | 1 | (3) | (1) | (2) | 0.0% | 33.3% | 133% | 150% | |||
| Connecticut Water Service | (1) | - | (1) | 4 | - | 4 | 0.0% | 0.0% | -125% | -125% | |||
| Loxo Oncology | (4) | - | (4) | (25) | - | (25) | 0.0% | 0.0% | 84% | 84% | |||
| Cara Therapeutics | (17) | - | (17) | (22) | - | (22) | 0.0% | 0.0% | 23% | 23% | |||
| Tronox Ltd | (36) | 5 | (41) | (56) | (3) | (53) | -13.9% | 5.4% | 36% | 23% | |||
| Gartner | (43) | (23) | (20) | 48 | 12 | 36 | 53.5% | 25.0% | -190% | -156% | |||
| Biohaven Pharmaceutical Ltd | (85) | - | (85) | (19) | - | (19) | 0.0% | 0.0% | -347% | -347% | |||
| Total 52 CT Cos... No Aetna | 9,794 | 2,214 | 7,580 | 8,712 | 2,202 | 6,510 | 22.6% | 25.3% | 12.4% | 16% | |||
| Total all 53 Connecticut Cos | 11,259 | 2,460 | 8,799 | 8,084 | 1,953 | 6,131 | 21.8% | 24.2% | 39.3% | 44% |
