Thursday, October 18, 2018

Missouri Companies Pretax Earnings Were Up 5% in the First Half of 2018

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But the Main Story Here is That From a Longer Term Perspective, Kansas City Area Company Total Earnings Were On Absolute Fire During the Entire 8 Year Time Span of the Obama Administration.  Man, That KC BBQ Must Be Doing the Fiscal Trick!   

Kansas City Area Companies Posted Total Audited After-Tax Net Income in 2016 Which Was a Blistering 54% Above That in 2015.  

And Kansas City Area Companies Posted Total Audited After-Tax Net Income in 2015 Which Was an Even More Blistering 76% Above That in 2014.  

Also, Kansas City Area Companies Had Their Total Audited Annual After-Tax Net Income Increase By 1,306% During the Entire Span of the Obama Administration From 2008, the Year Before Barack Obama Took Office, to 2016, Obama's Last Year in Office.

And Lastly, Kansas City Area Companies Had Their Total Audited Annual After-Tax Net Income Improve By an Amazing $29.4 Bil From 2007, 2 Years Before Obama Took Office, to 2016, Obama's Last Year in Office.
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From a review of US SEC filings, there were 29 Companies headquartered effectively in Missouri with stock market caps of more than $1 Bil recently.


From a review of SEC filings, the chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the First Half of 2018 and 2017 for these 29 Missouri Companies.

US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss)
6 Months 6 Months
Ended Ended
June June Better
July July (Worse)
Missouri Companies or Aug or Aug %
Market Caps Above $1 Bil 2018 2017  Change
mils $ mils $
Express Scripts              1,990              2,156 -8%
Emerson Electric              1,426              1,186 20%
H & R Block              1,032              1,007 2%
Centene                 987                 640 54%
O Reilly Auto                 845                 821
Ameren Corp                 509                 469
Kansas City Southern                 418                 469
Cerner                 415                 495
Reinsurance Group                 385                 547
Commerce Bancshares                 266                 209
Stifel Financial                 238                 162
Amdocs Ltd                 234                 265
Post Holdings                 228                 (96)
Jack Henry & Associates                 204                 187
Leggett & Platt                  203                 220
Spire                 149                 191
UMB Financial                 134                 110
Evergy                 131                 196
EPR Properties                 123                 136
Edgewell Personal Care                 107                 156
Olin Corp                 102                   (4)
Arch Coal                   99                   90
Hostess Brands                   61                   74
Caleres                   54                   48
Enterprise Financial Services Grp                   52                   35
Energizer Holdings                   50                   90
Belden                   45                   66
ESCO Technologies                   37                   34
Mallinckrodt plc               (168)               (122)
Total all 29 Missouri Companies            10,356              9,837 5%

Also from a review of SEC filings, the chart below shows the Gold-Standard US GAAP Audited After-Tax Net Income (Loss) From Continuing Operations for Annual 2016. 2015, 2014, 2009, 2008 and 2007, spanning the entire Obama Administration plus some, for the fine 19 Kansas City Area Companies in both the US States of Kansas and Missouri, which had stock market caps of above $1 Bil.


OneTwo
YearYears
ObamaObamaBeforeBefore
ObamaSecondThirdObamaObamaObama
LastLastLastFirstFirstFirst
YearYearYearYearYearYear
inininininin
OfficeOfficeOfficeOfficeOfficeOffice
201620152014200920082007
AuditedAuditedAuditedAuditedAuditedAudited
NetNetNetNetNetNet
Kansas City Area CompaniesCityState2016IncomeIncomeIncomeIncomeIncomeIncome
Market Caps Above $1 BilHQsHQsFYE(Loss)(Loss)(Loss)(Loss)(Loss)(Loss)
 $ mils $ mils $ mils $ mils $ mils $ mils
Kansas City, Kansas Area Cos
Garmin LtdOlatheKSDec16           511           456           364           704           733           855
Seaboard CorpShawnee MissionKSDec16           314           172           368             92           148           181
Tallgrass Energy Partners LPLeawoodKSDec16           268           185             59
 N/A 
 N/A 
 N/A 
Euronet WorldwideLeawoodKSDec16           174             98           101             31          (193)             37
Compass Minerals Intl IncOverland ParkKSDec16           163           159           218           164           160             80
Waddell & Reed FinancialOverland ParkKSDec16           148           246           313           106             96           125
AMC Entertainment HoldingsLeawoodKSDec16           112           104             64             87          (159)              (8)
NIC IncOlatheKSDec16             56             42             39             14             12             12
QTS Realty TrustOverland ParkKSDec16             25             24             19
 N/A 
 N/A 
 N/A 
SprintOverland ParkKSMar17       (1,206)       (1,995)       (3,345)       (2,436)       (2,796)     (29,444)
Kansas City, Missouri Area Cos
Cerner CorpKansas CityMODec16           636           539           525           193           189           127
Kansas City SouthernKansas CityMODec16           480           485           504             69           184           154
H & R BlockKansas CityMOApr17           421           384           487           489           513           446
EvergyKansas CityMODec16           361           302           322           141           178           168
Commerce BancsharesKansas CityMODec16           277           267           263           168           189           207
EPR PropertiesKansas CityMODec16           225           194           176             35           127             98
DST SystemsKansas CityMODec16           178           310           561           242           243           875
UMB FinancialKansas CityMODec16           159           116           121             89             98             74
Hostess BrandsKansas CityMODec16             52             89             81
 N/A 
 N/A 
 N/A 
Total all 19 Kansas City Area Cos
        3,354        2,177        1,240           188          (278)     (26,013)
………. 2016 Total Earnings % Above 2015
54%
………. 2015 Total Earnings % Above 2014
76%
………. 2016 Total Earnings % Above 2008
1,306%
Total Annual Earnings Improvement in $ mils
………. 2016 From 2007
      29,367