Wednesday, June 17, 2020

The 11 Largest Alabama Companies 1Q 2020 Total Pretax Earnings Declined Sharply By 53% From the 1Q 2019

From a review of Company SEC filings and the Google Finance website, I found 11 Alabama Companies with stock market caps above $200 mil 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 these 11 Alabama Companies.


`
US
US
GAAP
GAAP
Pretax
Pretax
Income
Income
(Loss)
(Loss)
Better

First
First
(Worse)


Quarter
Quarter
%
Alabama Largest Companies

2020
2019
 Change
Market Caps Above $200 Mil
City HQs
mils $
mils $
Regions Financial Birmingham                204                499
Encompass Health Birmingham                136                157
Medical Properties Trust Birmingham                  85                  74
Vulcan Materials Birmingham                  72                  75
ServisFirst Bancshares Birmingham                  43                  44
Warrior Met Coal Brookwood                  25                138
Computer Programs & Systems Mobile                    5                    4
Construction Partners Dothan                    2                    5
ADTRAN Inc Huntsville                (14)                    1
Hibbett Sports Birmingham                (22)                  37
ProAssurance Birmingham                (34)                  39
Total all 11 Alabama Companies                502             1,073 -53%