Monday, April 8, 2019

11 Largest New Hampshire Cos Saw Their Total Pretax Operating Income Collapse in the 4Q of 2018, Down By 53% From the 4Q of 2017, After Increases of 34% in the 3Q 2018 and of 16% in the 2Q 2018

Since Democratic 2020 Presidential Candidates Are Campaigning All Over the Key State of New Hampshire, I Think It Might Be Helpful to Research Just How New Hampshire Companies Have Been Performing Recently on the Earnings Front
......................................................................

From a review of SEC filings, I found 10 New Hampshire Companies with stock markets caps of above $100 mil sometime in 2018.  And I found one additional New Hampshire Company filing with the SEC, whose common stock doesn't trade but with Total Stockholder Equity of more than $100 mil recently.

The chart below shows the Gold-Standard US GAAP Pretax Operating Income (Loss) for the 4Q , for the 3Q and for the 2Q of both 2018 and 2017 for each of these 11 New Hampshire Companies.  All 11 Companies have December quarter ends.

US US US US US US
GAAP GAAP GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax Pretax Pretax
Operating Operating Operating Operating Operating Operating
Income Income Income Income Income Income
(Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
Dec 2018 Dec 2017 % Sep Qtr Sep Qtr % June Qtr June Qtr %
New Hampshire Companies Jan 2019 Jan 2018 Change Oct Qtr Oct Qtr Change July Qtr July Qtr Change
Market Caps Above $100 Mil or New Hampshire or Feb 2019 or Feb 2018 Better or Nov Qtr or Nov Qtr Better or Aug Qtr or Aug Qtr Better
Book Value of Stk Eq > $100 Mil City HQs Quarter Quarter (Worse) 2018 2017 (Worse) 2018 2017 (Worse)
mils $ mils $ mils $ mils $ mils $ mils $
Planet Fitness Newington               53               42               44               34               49               38
Sprague Resources LP Portsmouth               49                (4)                (9)                (6)                (4)                 1
Albany Intl Rochester               37               23               41               23               42               10
Public Service Co New Hampshire Manchester               37               70               56               66               47               63
PC Connection Merrimack               26               22               19               22               25               22
Unitil Corp Hampton               22               26               10               10               11               12
Standex Salem               20               17               23               19               26               21
Bottomline Technologies Portsmouth                 3                 2                (1)                 0                 4                (2)
iCAD Nashua                (3)                (4)                (1)                (7)                (1)                (3)
Vapotherm Exeter              (11)                (9)                (9)                (7)                (9)                (7)
White Mountains Insurance Hanover            (144)                 5               44                 8              (12)                (2)
Total all 11 New Hampshire Cos               89             190 -53%             217             162 34%             178             153 16%