From
a review of US SEC filings, there were 9 Companies headquartered in Louisiana
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 First Six Months of
2018 and 2017 for these 9 Louisiana Companies.
US | US | ||
GAAP | GAAP | ||
Pretax | Pretax | ||
Income | Income | ||
(Loss) | (Loss) | ||
6 Months | 6 Months | ||
June | June | Better | |
July | July | (Worse) | |
Louisiana Companies | or Aug | or Aug | % |
Market Caps Above $1 Bil | 2018 | 2017 | Change |
mils $ | mils $ | ||
CenturyLink | 473 | 347 | 36% |
IBERIABANK | 187 | 153 | |
Pool Corp | 186 | 177 | |
Entergy Corp | 148 | 170 | |
Lamar Advertising | 121 | 140 | |
Amedisys | 81 | 28 | |
H&E Equipment Services | 41 | 24 | |
AMERISAFE | 40 | 41 | |
LHC Group | 37 | 39 | |
Total all 9 Louisiana Companies | 1,314 | 1,119 | 17% |