Tuesday, July 10, 2018

The 90 Ohio Cos, Excluding Kroger, 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 $12.274 Bil, Up a Modest 3.4% From Their Previous Year's Quarter Total PTI of $11.871 Bil .......................................................................................

Large Retailer Kroger Was Excluded Since It Recorded a Huge $1.8 Bil Gain Related To the Sale of Its Convenience Store Business in Its April 2018 Quarter

....................................................................................... 


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 Ohio 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
Ohio 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 $
Kroger        2,634           616        2,018           445           148           297 23.4% 33.3% 492% 579%
Procter & Gamble        3,253           713        2,540        3,336           780        2,556 21.9% 23.4% -2% -1%
Progressive Corp           911           181           730           641           211           430 19.9% 32.9% 42% 70%
Fifth Third Bancorp           836           132           704           396             91           305 15.8% 23.0% 111% 131%
Eaton Corp plc           565             78           487           467             33           434 13.8% 7.1% 21% 12%
American Electric Power           559           102           457           937           343           594 18.2% 36.6% -40% -23%
KeyCorp           478             62           416           419             94           325 13.0% 22.4% 14% 28%
Parker Hannifin           470           104           366           315             76           239 22.1% 24.1% 49% 53%
Cardinal Health           464           209           255           564           182           382 45.0% 32.3% -18% -33%
Welltower           454              -             454           338              -             338 0.0% 0.0% 34% 34%
FirstEnergy           429           252           177           409           152           257 58.7% 37.2% 5% -31%
MPLX LP           427               4           423           187              -             187 0.9% 0.0% 128% 126%
Huntington Bancorp           385             59           326           267             59           208 15.3% 22.1% 44% 57%
Sherwin-Williams           303             53           250           307             68           239 17.5% 22.1% -1% 5%
JM Smucker           264             78           186           162             52           110 29.5% 32.1% 63% 69%
Marathon Petroleum Corp           257             22           235           142             41           101 8.6% 28.9% 81% 133%
GrafTech Intl Ltd           251             29           222            (22)              -              (22) 11.6% 0.0% 1241% 1109%
TransDigm Group           247             45           202           215             60           155 18.2% 27.9% 15% 30%
Scott's Miracle Gro           202             49           153           240             86           154 24.3% 35.8% -16% -1%
Forest City Realty Trust           201               1           200             41              -               41 0.5% 0.0% 390% 388%
Macy's           183             52           131           145             68             77 28.4% 46.9% 26% 70%
American Financial Group           174             33           141           223             68           155 19.0% 30.5% -22% -9%
Dana Inc           159             48           111           110             30             80 30.2% 27.3% 45% 39%
Oswens-Illinois           135             32           103             73             20             53 23.7% 27.4% 85% 94%
Nordson           118             27             91             95             30             65 22.9% 31.6% 24% 40%
Mettler-Toledo           117             24             93           114             21             93 20.5% 18.4% 3% 0%
Goodyear Tire & Rubber           113             33             80           239             70           169 29.2% 29.3% -53% -53%
Timken           109             28             81             54             16             38 25.7% 29.6% 102% 113%
Owens-Corning           103             11             92           144             43           101 10.7% 29.9% -28% -9%
Steris plc           102             28             74             47             21             26 27.5% 44.7% 117% 185%
Lincoln Electric Holdings             84             23             61             78             22             56 27.4% 28.2% 8% 9%
Greif             73             21             52             63             23             40 28.8% 36.5% 16% 30%
PolyOne             64             17             47             68             20             48 26.6% 29.4% -6% -2%
L Brands             58             11             47           118             24             94 19.0% 20.3% -51% -50%
Chemed             56             11             45             43             13             30 19.6% 30.2% 30% 50%
Worthington Industries             54            (24)             78             50             11             39 -44.4% 22.0% 8% 100%
Applied Inmdustrial Technologies             50             13             37             43             14             29 26.0% 32.6% 16% 28%
CBIZ             49             13             36             41             16             25 26.5% 39.0% 20% 44%
Big Lots             44             13             31             78             27             51 29.5% 34.6% -44% -39%
AK Steel             40              (5)             45           101              -             101 -12.5% 0.0% -60% -55%
Lancaster Colony             38             10             28             22               8             14 26.3% 36.4% 73% 100%
First Financial Bancorp             38               8             30             35             11             24 21.1% 31.4% 9% 25%
Park National             37               6             31             28               8             20 16.2% 28.6% 32% 55%
DSW Inc             35             11             24             39             16             23 31.4% 41.0% -10% 4%
Worthington Industries             34               1             33             91             31             60 2.9% 34.1% -63% -45%
Ferro             31               7             24             29               7             22 22.6% 24.1% 7% 9%
Convergys             30              -               30             45               7             38 0.0% 15.6% -33% -21%
TFS Financial             30               7             23             35             12             23 23.3% 34.3% -14% 0%
Fairmount Santrol Holdings             30               1             29            (13)              (1)            (12) 3.3% 7.7% 331% 342%
Multi-Color             29               7             22             26               9             17 24.1% 34.6% 12% 29%
M/I Homes             24               6             18             26               9             17 25.0% 34.6% -8% 6%
Air Transport Services Group             21               5             16             16               6             10 23.8% 37.5% 31% 60%
Hyster-Yale Matl Handling             20               5             15             24               6             18 25.0% 25.0% -17% -17%
Washington Prime Group             20              -               20             15              -               15 0.0% 0.0% 33% 33%
Medpace Holdings             18               3             15             14               5               9 16.7% 35.7% 29% 67%
Diamond Hill Inv Corp             17               4             13             20               7             13 23.5% 35.0% -15% 0%
Wendy's             14              (6)             20             32             10             22 -42.9% 31.3% -56% -9%
People's Bancorp             14               2             12             13               4               9 14.3% 30.8% 8% 33%
Victory Capital Holdings             14               4             10               7               3               4 28.6% 42.9% 100% 150%
First Defiance Financial             14               2             12               9               4               5 14.3% 44.4% 56% 140%
Gorman-Rupp             13               3             10               7               2               5 23.1% 28.6% 86% 100%
Cooper Tire & Rubber             12               3               9             42             13             29 25.0% 31.0% -71% -69%
Materion             12               2             10               3              -                 3 16.7% 0.0% 300% 233%
Milacron Holdings             12               6               6            (18)               7            (25) 50.0% -38.9% 167% 124%
Myers Industries             10               2               8               6               3               3 20.0% 50.0% 67% 167%
United Community Financial             10               2               8               2              -                 2 20.0% 0.0% 400% 300%
Installed Building Products               8               2               6             10               4               6 25.0% 40.0% -20% 0%
Meridian Bioscience               7               2               5             14               5               9 28.6% 35.7% -50% -44%
REX American Resources               7              (3)             10               8               2               6 -42.9% 25.0% -13% 67%
A. Schulman               6               1               5             20               4             16 16.7% 20.0% -70% -69%
Express               3               2               1              (8)              (5)              (3) 66.7% 62.5% 138% 133%
Andersons              (2)              -                (2)              (6)              (3)              (3) 0.0% 50.0% 67% 33%
Timken Steel              (2)              -                (2)              (5)              -                (5) 0.0% 0.0% 60% 60%
Verso              (2)              -                (2)            (21)              -              (21) 0.0% 0.0% 90% 90%
State Auto Financial              (3)              (1)              (2)              (4)              (1)              (3) 33.3% 25.0% 25% 33%
ViewRay              (5)              -                (5)            (28)              -              (28) 0.0% 0.0% 82% 82%
Teradata              (8)              (1)              (7)              (2)              -                (2) 12.5% 0.0% -300% -250%
Advanced Draining Systems              (9)              (4)              (5)            (29)            (11)            (18) 44.4% 37.9% 69% 72%
Cincinnati Bell              (9)              (1)              (8)             95             34             61 11.1% 35.8% -109% -113%
AtriCure            (10)              -              (10)            (10)              -              (10) 0.0% 0.0% 0% 0%
EW Scripps            (11)              (2)              (9)              (8)              (6)              (2) 18.2% 75.0% -38% -350%
Invacare            (12)               2            (14)            (14)               3            (17) -16.7% -21.4% 14% 18%
Diebold Nixdorf            (44)             19            (63)            (75)            (23)            (52) -43.2% 30.7% 41% -21%
Diebold Nixdorf            (44)             19            (63)            (75)            (23)            (52) -43.2% 30.7% 41% -21%
Abercrombie & Fitch            (45)              (4)            (41)            (74)            (13)            (61) 8.9% 17.6% 39% 33%
Cincinnati Financial            (50)            (19)            (31)           276             75           201 38.0% 27.2% -118% -115%
DDR Corp            (54)              -              (54)            (54)              -              (54) 0.0% 0.0% 0% 0%
Cleveland-Cliffs            (69)             16            (85)            (32)              (2)            (30) -23.2% 6.3% -116% -183%
Cedar Fair LP          (102)            (19)            (83)            (93)            (28)            (65) 18.6% 30.1% -10% -28%
Worldpay          (111)            (13)            (98)             40               5             35 11.7% 12.5% -378% -380%
Signet Jewelers Ltd          (583)            (86)          (497)           103             24             79 14.8% 23.3% -666% -729%
Total 90 Ohio Cos..No Kroger      12,274        2,593        9,681      11,871        3,113        8,758 21.1% 26.2% 3.4% 11%
Total all 91 Ohio Cos      14,908        3,209      11,699      12,316        3,261        9,055 21.5% 26.5% 21.0% 29%