Connecticut Companies Pretax Earnings Up a Robust 26% in the Second Quarter 2018, a Deceleration From the 40% Earnings Growth in the First Quarter of 2018, But an Earnings Reversal From the 2% Decline in Annual 2017 ...............................................................................

From a review of US SEC filings, there were 40 Companies headquartered in Connecticut with stock market caps of more than $1 Bil recently.

My focus is on Pretax Income rather than on After-Tax Net Income because Income Taxes are simply a transfer of financial wealth between US Corporations and the US Federal, US State and Foreign Governments.  It has nothing whatsoever to do with Company Operating Performance.

From a review of SEC filings, the chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Second and First Quarters of both 2018 and 2017 for these 40 Connecticut Companies.

	US	US			US	US
	GAAP	GAAP			GAAP	GAAP
	Pretax	Pretax			Pretax	Pretax
	Income	Income			Income	Income
	(Loss)	(Loss)			(Loss)	(Loss)
	June Qtr	June Qtr	%		Mar Qtr	Mar Qtr	%
	July Qtr	July Qtr	Change		Apr Qtr	Apr Qtr	Change
Connecticut Companies	or Aug Qtr	or Aug Qtr	Better		or May Qtr	or May Qtr	Better
Market Caps Above $1 Bil	2018	2017	(Worse)		2018	2017	(Worse)
	mils $	mils $			mils $	mils $
United Technologies	2,834	2,064	37%		1,890	2,054	-8%
Aetna	1,666	1,820	-8%		1,465	(628)	333%
Cigna	1,102	1,134	-3%		1,218	890	37%
Booking Holdings	1,209	863	40%		753	528	43%
Synchrony Financial	892	788	13%		847	782	8%
Praxair	657	577	14%		620	553	12%
Hartford Financial Services	537	(281)	291%		519	401	29%
Amphenol	382	317	21%		355	298	19%
Charter Communications	380	243	56%		251	236	6%
Interactive Brokers Group	271	204	33%		340	213	60%
United Rentals	359	229	57%		232	161	44%
Stanley Black & Decker	294	358	-18%		252	473	-47%
Avangrid	137	164	-16%		310	342	-9%
WR Berkley Corp	229	161	42%		211	184	15%
XPO Logistics	213	85	151%		79	15	427%
People's United Financial	141	102	38%		137	103	33%
Starwood Property Trust	120	133	-10%		108	102	6%
Xerox	152	213	-29%		66	24	175%
Hubbell	134	117	15%		76	91	-16%
Webster Financial	102	91	12%		100	81	23%
Crane	105	100	5%		84	88	-5%
EMCOR Group	98	90			76	80
Fact Set Research Systems	84	80			90	85
Hexcel	89	84			76	73
Terex	85	118			59	(88)
Genesee & Wyoming	75	78			60	49
Silgan Holdings	72	42			62	34
Pitney Bowes	53	42			73	96
Aircastle Ltd	53	(7)			57	44
Barnes Group	59	53			51	52
Navigators Group	40	27			37	29
RBC Bearings	33	29			36	32
Sturm Ruger	20	16			19	34
Kaman	18	21			19	10
World Wrestling Entertainment	15	8			20	1
Gartner	75	(143)	152%		(43)	48
Tronox Ltd	23	(17)			(36)	(56)
Loxo Oncology	(12)	(30)			(4)	(25)
SS&C Technologies	(164)	62			62	58
Biohaven Pharmaceutical Ltd	(39)	(38)			(85)	(19)
Total all 40 Connecticut Cos	12,593	9,997	26%		10,542	7,528	40%