| 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 | ||||
| Cos in Very Small US States | (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 $ | ||||||||
| VT: Casella Waste Systems | (6) | (2) | (4) | - | - | - | 33.3% | NM | NM | NM | |||
| VT: Union Bankshares | 3 | - | 3 | 3 | 1 | 2 | 0.0% | 33.3% | 0% | 50% | |||
| WY: Cloud Peak Energy | (8) | - | (8) | (20) | - | (20) | 0.0% | 0.0% | 60% | 60% | |||
| NM: PNM Resources | 20 | 1 | 19 | 37 | 11 | 26 | 5.0% | 29.7% | -46% | -27% | |||
| AK: Northrim Bancorp | 5 | 1 | 4 | 6 | 2 | 4 | 20.0% | 33.3% | -17% | 0% | |||
| Total all 5 Cos | 14 | - | 14 | 26 | 14 | 12 | 0.0% | 53.8% | -46% | 17% |
Tuesday, July 17, 2018
The 5 Cos in 4 Different Very Small US States (VT, WY, NM & AK) With March, April or May 2018 Quarter Ends (The First Full Quarter of the Trump Tax Cuts Act), With Market Caps of At Least $100 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 $14 Mil, Down 46% From Their Previous Year's Quarter Total PTI of $26 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, April or May 2018 and 2017 Quarters for all US Companies including both Partnerships and REITs which are Headquartered in the Very Small US States of Vermont, Wyoming, New Mexico or Alaska 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.
