Renewable Energy Group's March 2018 Quarter PTI Was Bolstered By Biomass Diesel Government Incentive Revenues of $365 Mil
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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 Iowa with March, April or May 2018 Quarter Ends, with stock market caps of at least $100 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 | ||||
| Iowa Company | (Loss) | Expense | (Loss) | (Loss) | Expense | (Loss) | Rate | Rate | March, | March, | |||
| Market Caps of $100 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 $ | ||||||||
| Renewable Energy Group | 213 | (1) | 214 | (15) | 1 | (16) | -0.5% | -6.7% | 1520% | 1438% | |||
| Principal Financial | 457 | 55 | 402 | 414 | 60 | 354 | 12.0% | 14.5% | 10% | 14% | |||
| Rockwell Collins | 306 | 69 | 237 | 233 | 65 | 168 | 22.5% | 27.9% | 31% | 41% | |||
| American Equity Investment Life | 178 | 37 | 141 | 81 | 27 | 54 | 20.8% | 33.3% | 120% | 161% | |||
| FG Holdings | 87 | 35 | 52 | 35 | 13 | 22 | 40.2% | 37.1% | 149% | 136% | |||
| Winnebago Industries | 44 | 12 | 32 | 30 | 10 | 20 | 27.3% | 33.3% | 47% | 60% | |||
| Heartland USA | 28 | 5 | 23 | 24 | 6 | 18 | 17.9% | 25.0% | 17% | 28% | |||
| FBL Financial Group | 28 | 5 | 23 | 37 | 11 | 26 | 17.9% | 29.7% | -24% | -12% | |||
| United Fire Group | 21 | 1 | 20 | 23 | 4 | 19 | 4.8% | 17.4% | -9% | 5% | |||
| Casey's General Stores | 19 | - | 19 | 43 | 13 | 30 | 0.0% | 30.2% | -56% | -37% | |||
| Heartland Express | 13 | - | 13 | 20 | 6 | 14 | 0.0% | 30.0% | -35% | -7% | |||
| MidWest One Financial Group | 10 | 2 | 8 | 9 | 2 | 7 | 20.0% | 22.2% | 11% | 14% | |||
| West Bancorporation | 9 | 2 | 7 | 8 | 2 | 6 | 22.2% | 25.0% | 13% | 17% | |||
| Flexsteel Industries | 4 | 1 | 3 | 12 | 4 | 8 | 25.0% | 33.3% | -67% | -63% | |||
| HNI Corp | 1 | (1) | 2 | 7 | 2 | 5 | -100.0% | 28.6% | -86% | -60% | |||
| EMC Insurance Group | (1) | (1) | - | 9 | 2 | 7 | 100.0% | 22.2% | -111% | -100% | |||
| Workiva | (10) | - | (10) | (6) | - | (6) | 0.0% | 0.0% | -67% | -67% | |||
| NewLink Genetics | (18) | - | (18) | (21) | - | (21) | 0.0% | 0.0% | 14% | 14% | |||
| Meredith | (125) | (30) | (95) | 66 | 26 | 40 | 24.0% | 39.4% | -289% | -338% | |||
| Total 18..No Renewable Energy | 1,051 | 192 | 859 | 1,024 | 253 | 771 | 18.3% | 24.7% | 2.6% | 11% | |||
| Total all 19 Iowa Cos | 1,264 | 191 | 1,073 | 1,009 | 254 | 755 | 15.1% | 25.2% | 25.3% | 42% |
