Friday, June 5, 2020

Maryland Companies First Quarter 2020 Earnings Drop Very Sharply By 84% ..... Total Pretax Income of $0.648 Bil in the 1Q 2020 vs Total Pretax Income of $3.988 Bil in the 1Q 2019.

From a review of Company SEC filings and the Google Finance website, I found 37 Maryland Companies with stock market caps above $1 bil recently.

The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of the 37 fine Maryland Companies.


US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss) Better
First First (Worse)
 Maryland Companies Quarter Quarter %
Stock Market Caps Above $1 Bil  City HQs  2020 2019  Change
mils $ mils $
Lockheed Martin Bethesda             2,030             1,945
Discovery Inc Silver Spring                537                571
T Rowe Price Baltimore                207                735
United Therapeutics Silver Spring                172              (651)
McCormick & Co Hunt Valley                164                160
Sinclair Broadcasting Group Hunt Valley                139                  28
Ciena Hanover                117                  71
Legg Mason Baltimore                101                  75
Omega Healthcare Investors Hunt Valley                  92                  72
Walker & Dunlop Bethesda                  60                  56
WR Grace Columbia                  58                  36
Federal Realty Investment Trust Rockville                  56                  62
JBG Smith Properties Chevy Chase                  46                  27
Pebblebrook Hotel Trust Bethesda                  31                    1
Eagle Bancorp Bethesda                  31                  46
Choice Hotels Intl Rockville                  30                  36
Supernus Pharmaceuticals Rockville                  29                  24
Hannon Armstrong Sustainable Infrastructure Capital Annapolis Junction                  26                  11
Corporate Office Properties Trust Columbia                  25                  22
Medifast Owings Mills                  24                  25
Colfax Annapolis Junction                  22                (19)
Marriott Intl Bethesda                  19                432
Sandy Spring Bancorp Olney                  10                  40
Enviva Partners LP Bethesda                    8                  (9)
WillScot Baltimore                  (3)                (10)
Inovalon Holdings Bowie                  (5)                (10)
Emergent BioSolutions Gaithersburg                (21)                (38)
Tenable Holdings Columbia                (22)                (21)
Novavax Gaithersburg                (26)                (43)
RLJ Lodging Trust Bethesda                (32)                  30
Host Hotels & Resorts Bethesda                (40)                191
Regenxbio Rockville                (40)                (32)
Diamondrock Hospitality Bethesda                (41)                    5
2U Inc Lanham                (61)                (22)
Laureate Education Baltimore              (111)              (153)
Under Armour Baltimore              (563)                  30
AGNC Investment Corp Bethesda           (2,421)                265
Total all 37 Maryland Companies                648             3,988 -84%