Monday, March 9, 2020

Largest Missouri Companies Total Pretax Earnings Suffered a Negative Earnings Reversal in the December 2019 Quarter Which Was Down 10% vs Increases of 6% to 8% in the First Three Quarters of 2019. This Was Before Any Coronavirus Earnings Charges Which Are Coming Starting in 2020.

There were 8 Missouri Companies with stock market caps above $10 bil  currently.  

From a review of SEC filings, below are the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for these 8 largest Missouri Companies in each of the four quarters of both 2019 and 2018.


US US US US US US US US
GAAP GAAP GAAP GAAP GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax Pretax Pretax Pretax Pretax
Income Income Income Income Income Income Income Income
  (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
    Dec Dec Sept Sept June June March March
Missouri Companies Missouri Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter
Market Caps Above $10 Bil City HQs 2019 2018 2019 2018 2019 2018 2019 2018
mils $ mils $ mils $ mils $ mils $ mils $ mils $ mils $
Emerson Electric St Louis          423          591          826          738          767          768          675          658
Centene St Louis          260          357          175            24          662          474          685          513
Cerner Kansas City          192          172          102          214          154          215          206          200
O Reilly Auto Springfield          409          393          502          456          465          450          414          395
Evergy Kansas City            62            51          433          420          167            58          111            71
Ameren Corp St Louis          119            85          458          464          219          314          220          195
Kansas City Southern Kansas City          208          222          255          247          188          196          138          222
Jack Henry & Associates Monett            94            88          119          103            79            84            76            90
Total all 8 Missouri Companies       1,767       1,959       2,870       2,666       2,701       2,559       2,525       2,344
….. % Change From Prior Year Quarter -10% 8% 6% 8%