30 Largest Los Angeles Area Cos Total Pretax Earnings Declined By 17% in the March 2019 Qtr Excluding the Hulu Acquisition Gain of $4.9 Bil, Declined By 7% in the Dec 2018 Qtr and Increased By 23% in the Sep 2018 Qtr

Democratic Presidential Candidate Pete Buttigieg Will Be Making Three Campaign Stops in the Los Angeles Area on Thursday May 9, 2019.  California is one of the 12 Super Tuesday US States Holding Their 2020 Democratic Presidential Early Primary on March 3, 2020.  Thus, I Think It Might Be Helpful to Research Just How Los Angeles Area Companies Have Performed on the Pretax Earnings Front in the Most Recent Three Quarters
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From a review of SEC filings and MSN Money, I found 30 Los Angeles Area Companies with stock markets caps of above $5 bil recently, which have March quarter ends and which have reported their March 2019 Quarter earnings, their December 2018 earnings and their September 2018 earnings to the SEC by May 8, 2019.

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 SEC filings, the chart below shows the Pretax Income (Loss) From Continuing Operations for the March Quarters of both 2019 and 2018, the December Quarters of both 2018 and 2017 and the September Quarters of both 2018 and 2017 for each of these 30 Los Angeles Area Largest Companies.

As required by US GAAP, Walt Disney properly reported a $4.917 Bil Non-Cash Gain related just due to its acquisition of an additional 30% in the exceptional Hulu bringing its ownership up to a controlling 60% in the very latter part of its March 2019 Quarter.  I excluded this Hulu Acquisition Gain below since it had nothing to do with Walt Disney's Operational Performance in the March 2019 Quarter.

		US	US			US	US			US	US
		GAAP	GAAP			GAAP	GAAP			GAAP	GAAP
		Pretax	Pretax			Pretax	Pretax			Pretax	Pretax
		Income	Income			Income	Income			Income	Income
		(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)
Los Angeles Area Companies		March	March			December	December			September	September
Reporting 1Q 2019, 4Q 2018 and 3Q 2018 Earnings	California	2019	2018			2018	2017			2018	2017
Market Caps Above $5 Bil	City HQs	Quarter	Quarter			Quarter	Quarter			Quarter	Quarter
		mils $	mils $			mils $	mils $			mils $	mils $
Walt Disney Co	Burbank	2,320	3,928			3,431	3,745			3,202	2,694
Amgen	Thousand Oaks	2,314	2,619			2,185	2,214			2,094	2,381
Activision Blizzard	Santa Monica	567	567			690	185			212	220
Public Storage	Glendale	368	344			588	391			380	358
Monster Beverage	Corona	314	282			311	268			343	321
Edwards Lifesciences	Irvine	278	264			(2)	324			249	212
Molina Healthcare	Long Beach	260	179			256	(316)			259	(113)
Reliance Steel & Aluminum	Los Angeles	256	225			124	121			195	142
CBRE Group	Los Angeles	215	196			496	428			387	277
Edison Intl	Rosemead	196	211			(2,216)	(170)			627	432
East West Bancorp	Pasadena	195	212			205	174			205	175
Oaktree Capital Group LLC	Los Angeles	189	144			125	282			150	148
First American Financial	Santa Ana	142	93			119	159			196	18
Alexandria Real Estate Equities	Pasadena	137	142			(19)	46			219	60
Ares Management	Los Angeles	136	62			19	137			52	88
Herbalife Ltd	Los Angeles	135	92			113	110			117	81
Aecom	Los Angeles	114	(132)			31	77			124	110
Chipotle Mexican Grill	Newport Beach	113	94			43	61			60	32
Teledyne Technologies Inc	Thousand Oaks	93	82			107	88			100	82
HCP Inc	Irvine	62	38			831	(45)			98	(11)
Masimo Corp	Irvine	60	56			56	45			50	43
Kilroy Realty Corp	Los Angeles	42	41			167	33			38	75
American Homes 4 Rent	Agoura Hills	33	22			35	31			30	19
Douglas Emmett Inc	Santa Monica	33	33			24	32			35	29
Macerich	Santa Monica	9	(37)			11	54			82	22
Alteryx	Irvine	(5)	3			19	(2)			(2)	(3)
Hudson Pacific Properties	Los Angeles	(37)	53			19	49			20	15
Live Nation Entertainment	Beverly Hills	(51)	(34)			(130)	(233)			200	174
Avery Denison	Glendale	(285)	159			88	157			167	147
Snap	Santa Monica	(310)	(384)			(192)	(353)			(325)	(455)
Total all 30 Area Cos		7,893	9,554			7,534	8,092			9,564	7,773
Total Pretax Income % Change From Prior Year's Qtr		-17%				-7%				23%