Nebraska Company Giant Berkshire Hathaway Posted First Half 2018 Pretax Earnings Up Nicely By 15%, But With Wild Quarterly Reported Profit Swings Due to a FASB Accounting Rule Change in 2018. The Other Nebraska Companies Pretax Income Increased By 10% in the First Half of 2018 ...............................................................................

From a review of US SEC filings, there were 7 Companies headquartered in Nebraska 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 and the First Half of both 2018 and 2017 for these 7 Nebraska Cos.

										US	US
										GAAP	GAAP
	US	US			US	US				Pretax	Pretax
	GAAP	GAAP			GAAP	GAAP				Income	Income
	Pretax	Pretax			Pretax	Pretax				(Loss)	(Loss)
	Income	Income			Income	Income				6 Months	6 Months
	(Loss)	(Loss)			(Loss)	(Loss)				Ended	Ended
	June Qtr	June Qtr	%		Mar Qtr	Mar Qtr	%			June	June	Better
	July Qtr	July Qtr	Change		Apr Qtr	Apr Qtr	Change			July	July	(Worse)
Nebraska Companies	or Aug Qtr	or Aug Qtr	Better		or May Qtr	or May Qtr	Better			or Aug	or Aug	%
Market Caps Above $1 Bil	2018	2017	(Worse)		2018	2017	(Worse)			2018	2017	Change
	mils $	mils $			mils $	mils $				mils $	mils $
Berkshire Hathaway (BH)	15,098	6,129	146%		(1,523)	5,688	-127%			13,575	11,817	15%
Union Pacific Corp	1,938	1,869	4%		1,711	1,688	1%			3,649	3,557	3%
TD Ameritrade	603	373	62%		372	344	8%			975	717	36%
Nelnet	63	41			149	77				212	118	80%
Valmont Industries	49	68			53	55				102	123
Werner Enterprises	51	37			35	26				86	63
Buckle	21	18			25	26				46	44
Total all 6 Nebraska Companies (No BH)	2,725	2,406	13%		2,345	2,216	6%			5,070	4,622	10%