Monday, July 9, 2018

The 122 Illinois Cos With March, April or May Quarter Ends (The First Full Quarter of the Trump Tax Cuts Act), With Market Caps of At Least $500 Mil and Which Have Released These 2018 Quarter Earnings By July 5, 2018 Generated March, April or May 2018 Quarter Total Pretax Income (PTI) of $28.1 Bil, Up a Blistering 29.8% From Their Previous Year's Quarter Total PTI of $21.7 Bil and 2018 Quarter After-Tax Net Income Up By an Even More Blistering 47% From Their Previous Year 2017 Quarter, Even Topping Texas Companies' 46% After-Tax Net Income Growth .......................................................................................

The 47 Illinois Manufacturing Cos Generated 2018 Quarter Total PTI of $14.1 Bil, Up an Exceptional 38% From Their Previous Year's Quarter Total PTI and Generated 2018 Quarter After-Tax Net Income Growth of an Off-the-Charts 64%.   

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The 14 Illinois Technology Cos Generated 2018 Quarter Total PTI Which Was Up a Spectacular 85% From the 2017 Quarter

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The 29 Illinois Financial Cos Generated 2018 Quarter Total PTI Which Was Up a Robust 15% From the 2017 Quarter

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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 Illinois 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
Illinois 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 $
Manufacturing Cos
Boeing        2,839           362        2,477        2,145           566        1,579 12.8% 26.4% 32% 57%
AbbVie        2,797             14        2,783        2,086           375        1,711 0.5% 18.0% 34% 63%
Caterpillar        2,139           472        1,667           284             90           194 22.1% 31.7% 653% 759%
Deere & Co        1,387           177        1,210        1,174           366           808 12.8% 31.2% 18% 50%
Mondelez Intl        1,251           307           944           787           154           633 24.5% 19.6% 59% 49%
Illinois Tool Works           849           197           652           749           213           536 23.2% 28.4% 13% 22%
Archer Daniels Midland           464             68           396           458           118           340 14.7% 25.8% 1% 16%
Baxter Intl           438             49           389           328             55           273 11.2% 16.8% 34% 42%
Abbott Labs           431             22           409           736           350           386 5.1% 47.6% -41% 6%
CNH Industrial NV           265             63           202             97             51             46 23.8% 52.6% 173% 339%
Packaging Corp of America           187             47           140           179             62           117 25.1% 34.6% 4% 20%
Ingredion           182             39           143           174             47           127 21.4% 27.0% 5% 13%
Dover           161             29           132           232             60           172 18.0% 25.9% -31% -23%
Idex Corp           130             31             99           104             29             75 23.8% 27.9% 25% 32%
Brunswick           110             30             80             98             24             74 27.3% 24.5% 12% 8%
Conagra Brands           107             37             70             93            (61)           154 34.6% -65.6% 15% -55%
CF Industries           105             17             88            (22)            (13)              (9) 16.2% 59.1% 577% 1078%
Tenneco             97             25             72           106             33             73 25.8% 31.1% -8% -1%
Middleby             86             21             65             94             23             71 24.4% 24.5% -9% -8%
AptarGroup             81             22             59             70             18             52 27.2% 25.7% 16% 13%
Navistar             68               7             61            (69)               6            (75) 10.3% -8.7% 199% 181%
Atkore Intl Group             58             15             43             31             12             19 25.9% 38.7% 87% 126%
USG Corp             45               9             36             84             29             55 20.0% 34.5% -46% -35%
Littelfuse             45               9             36             48               9             39 20.0% 18.8% -6% -8%
Kapstone Paper & Packaging             41               8             33             10               4               6 19.5% 40.0% 310% 450%
Stepan             38               7             31             44             12             32 18.4% 27.3% -14% -3%
Methode Electronics             31              (6)             37             28               5             23 -19.4% 17.9% 11% 61%
Hill-Rom Holdings             22              (7)             29             41               7             34 -31.8% 17.1% -46% -15%
Global Brass & Copper             21               5             16             23               5             18 23.8% 21.7% -9% -11%
Federal Signal             17               4             13             11               4               7 23.5% 36.4% 55% 86%
Sun Coke Energy             15               2             13               8             66            (58) 13.3% 825.0% 88% 122%
CTS Corp             15               4             11             12               4               8 26.7% 33.3% 25% 38%
Titan Intl             14              (1)             15              (7)               3            (10) -7.1% -42.9% 300% 250%
SunCoke Energy Partners             13              -               13             17           149          (132) 0.0% 876.5% -24% 110%
John B Sanfilippo             12               3               9               9               3               6 25.0% 33.3% 33% 50%
Tootsie Roll Industries             10               2               8             14               4             10 20.0% 28.6% -29% -20%
ACCO Brands               6              (4)             10              -                (4)               4 -66.7% NM NM 150%
John Bean Technologies               2              -                 2             17              (1)             18 0.0% -5.9% -88% -89%
Knowles              -                -                -                (6)              (1)              (5) NM 16.7% 100% 100%
Century Aluminum              (1)              (1)              -              (15)              -              (15) 100.0% 0.0% 93% 100%
Aptinyx            (12)              -              (12)              (9)              -                (9) 0.0% 0.0% -33% -33%
LSC Communications            (15)              (4)            (11)               1               2              (1) 26.7% 200.0% -1600% -1000%
tronc            (22)              (7)            (15)              (1)               2              (3) 31.8% -200.0% -2100% -400%
Akorn            (36)              (7)            (29)             65             24             41 19.4% 36.9% -155% -171%
TreeHouse Foods            (44)            (10)            (34)             40             12             28 22.7% 30.0% -210% -221%
Horizon Pharma plc          (157)              -            (157)          (138)            (47)            (91) 0.0% 34.1% -14% -73%
AveXis          (222)              -            (222)            (30)              -              (30) 0.0% 0.0% -640% -640%
Total 47 Manufacturing Cos      14,070        2,057      12,013      10,200        2,869        7,331 14.6% 28.1% 38% 64%
Financial Cos
Allstate        1,224           249           975        1,012           317           695 20.3% 31.3% 21% 40%
Discover Financial Services           856           190           666           868           304           564 22.2% 35.0% -1% 18%
CME Group           789           190           599           707           307           400 24.1% 43.4% 12% 50%
Northern Trust           484           102           382           391           115           276 21.1% 29.4% 24% 38%
CNA Financial           346             55           291           343             83           260 15.9% 24.2% 1% 12%
Arthur J Gallagher & Co           242            (44)           286           200            (42)           242 -18.2% -21.0% 21% 18%
Equity Residential           221              -             221           150              -             150 0.0% 0.0% 47% 47%
Equity Commonwealth           191               3           188             24              -               24 1.6% 0.0% 696% 683%
Cboe Global Markets           159             41           118             18               3             15 25.8% 16.7% 783% 687%
Wintrust Financial           108             26             82             88             30             58 24.1% 34.1% 23% 41%
TransUnion           103             28             75             76             12             64 27.2% 15.8% 36% 17%
GATX Corp             97             21             76             78             21             57 21.6% 26.9% 24% 33%
Ventas             77              (3)             80           153              (3)           156 -3.9% -2.0% -50% -49%
MB Financial             71             14             57             76             21             55 19.7% 27.6% -7% 4%
Kemper Corp             67             13             54              (3)              (3)              -   19.4% 100.0% 2333% NM
GGP Inc             66              -               66           115               5           110 0.0% 4.3% -43% -40%
Equity Lifestyle Properties             64              -               64             63              -               63 0.0% 0.0% 2% 2%
Morningstar             55             13             42             26               8             18 23.6% 30.8% 112% 133%
First Midwest Bancorp             43             10             33             34             11             23 23.3% 32.4% 26% 43%
Retail Properties of America             42              -               42              (9)              -                (9) 0.0% 0.0% 567% -567%
First Industrial Realty Trust             37              -               37             23              -               23 0.0% 0.0% 61% 61%
First Busey             30               8             22             24               9             15 26.7% 37.5% 25% 47%
Horace Mann Educators             24               4             20             18               3             15 16.7% 16.7% 33% 33%
RLI Corp             14               2             12             27               7             20 14.3% 25.9% -48% -40%
QCR Holdings             12               2             10             11               2               9 16.7% 18.2% 9% 11%
First Mid-Illinois Bancshares             11               3               8               9               3               6 27.3% 33.3% 22% 33%
Byline Bancorp               8               1               7             11               4               7 12.5% 36.4% -27% 0%
Midland States Bancorp               3               1               2             11               3               8 33.3% 27.3% -73% -75%
Old Republic Intl              (6)            (10)               4           165             52           113 166.7% 31.5% -104% -96%
Total 29 Financial Cos        5,438           919        4,519        4,709        1,272        3,437 16.9% 27.0% 15% 31%
Technology Cos
Accenture plc        1,612           554        1,058           874           169           705 34.4% 19.3% 84% 50%
CDW Corp           166             39           127             74             16             58 23.5% 21.6% 124% 119%
Motorola Solutions           140             23           117           120             42             78 16.4% 35.0% 17% 50%
CDK Global           135             37             98           110             32             78 27.4% 29.1% 23% 26%
Zebra Technologies           133             24           109              (2)            (10)               8 18.0% 500.0% 6750% 1263%
Cabot Microelectronics             37               7             30             23               5             18 18.9% 21.7% 61% 67%
Enova Intl             35               7             28             21               7             14 20.0% 33.3% 67% 100%
GrubHub             31              -               31             25               7             18 0.0% 28.0% 24% 72%
Paylocity             21            (18)             39             15              -               15 -85.7% 0.0% 40% 160%
OneSpan               3               1               2               1              -                 1 33.3% 0.0% 200% 100%
Cars.com               1              -                 1             27              -               27 0.0% 0.0% -96% -96%
Groupon              (5)              (2)              (3)            (16)               5            (21) 40.0% -31.3% 69% 86%
Envestnet              (6)            (14)               8              (9)               4            (13) 233.3% -44.4% 33% 162%
Cision Ltd            (18)            (18)              -              (30)              (7)            (23) 100.0% 23.3% 40% 100%
Total 14 Technology Cos        2,285           640        1,645        1,233           270           963 28.0% 21.9% 85% 71%
Retail & Hotel Cos
McDonalds        1,888           513        1,375        1,808           593        1,215 27.2% 32.8% 4% 13%
Walgreen's Boots Alliance        1,455           109        1,346        1,333           168        1,165 7.5% 12.6% 9% 16%
Hyatt Hotels           561           150           411             89             34             55 26.7% 38.2% 530% 647%
Ulta Beauty           211             47           164           189             61           128 22.3% 32.3% 12% 28%
Camping World Holdings             24               7             17             55               5             50 29.2% 9.1% -56% -66%
Total 5 Retail & Hotel Cos        4,139           826        3,313        3,474           861        2,613 20.0% 24.8% 19% 27%
Wholesale Cos
WW Grainger           307             66           241           271             88           183 21.5% 32.5% 13% 32%
LKQ Corp           202             50           152           213             72           141 24.8% 33.8% -5% 8%
Univar             75             10             65             24               1             23 13.3% 4.2% 213% 183%
US Foods Holding             63              (4)             67             35               8             27 -6.3% 22.9% 80% 148%
Anixter Intl             46             14             32             50             19             31 30.4% 38.0% -8% 3%
Essendant            (67)            (15)            (52)          (193)              (4)          (189) 22.4% 2.1% 65% 72%
Total 6 Wholesale Cos           626           121           505           400           184           216 19.3% 46.0% 57% 134%
Other Sector Cos
Exelon           695             59           636        1,182           211           971 8.5% 17.9% -41% -35%
Tribune Media           198             57           141          (153)            (52)          (101) 28.8% 34.0% 229% 240%
United Continental Holdings           184             37           147           150             51             99 20.1% 34.0% 23% 48%
Fortune Brands Home&Security           107             32             75           104             26             78 29.9% 25.0% 3% -4%
Telephone and Data Systems             81             24             57             77             34             43 29.6% 44.2% 5% 33%
United States Cellular             77             22             55             61             33             28 28.6% 54.1% 26% 96%
Jones Lang LaSalle             56             13             43               9               1               8 23.2% 11.1% 522% 438%
Adtalem Global Education             52               8             44             43               7             36 15.4% 16.3% 21% 22%
Stericycle             29               7             22             90             31             59 24.1% 34.4% -68% -63%
Hub Group             21               5             16             16               6             10 23.8% 37.5% 31% 60%
Career Education             21               3             18             10               4               6 14.3% 40.0% 110% 200%
SP Plus             21               5             16             10               3               7 23.8% 30.0% 110% 129%
Navigant Consulting             17               5             12             18               7             11 29.4% 38.9% -6% 9%
Coeur Mining             13             12               1             29             11             18 92.3% 37.9% -55% -94%
Heidrick & Struggles             13               3             10               4               3               1 23.1% 75.0% 225% 900%
MYR Group               8               2               6               1              -                 1 25.0% 0.0% 700% 500%
Echo Global Logistics               7               2               5              (4)              (1)              (3) 28.6% 25.0% 275% 267%
Huron Consulting Group              (3)              -                (3)             11               6               5 0.0% 54.5% -127% -160%
R1 RCM            (11)             13            (24)              (8)              -                (8) -118.2% 0.0% -38% -200%
Consolidated Communications            (15)              (4)            (11)              (6)              (2)              (4) 26.7% 33.3% -150% -150%
Allscripts Healthcare Solutions            (36)              (3)            (33)              (9)              -                (9) 8.3% 0.0% -300% -267%
Total 21 Other Sector Cos        1,535           302        1,233        1,635           379        1,256 19.7% 23.2% -6% -2%
Total all 122 Illinois Cos      28,093        4,865      23,228      21,651        5,835      15,816 17.3% 27.0% 29.8% 47%