Wednesday, June 17, 2020

The 18 Largest Utah Companies 1Q of 2020 Total Pretax Earnings Drop Precipitously By 118% From the 1Q of 2019

From a review of Company SEC filings and the Google Finance website, I found 19 Utah Companies with stock market caps above $500 mil recently.   One of them hasn't filed its March 2020 quarter earnings yet.  That leaves 18 Companies.

The chart below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 18 Utah Companies.


US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss) Better
First First (Worse)
Quarter Quarter %
Utah Largest Companies 2020 2019  Change
Market Caps Above $500 Mil City HQs mils $ mils $
Extra Space Storage  Salt Lake City                 113                101
SkyWest  St George                   39                114
Usana Health Sciences  Salt Lake City                   39                  36
Nu Skin Enterprises  Provo                   30                  66
Purple Innovation  Lehi                   20                  (1)
Zions Bancorp  Salt Lake City                   16                274
Innovative Industrial Properties  Park City                   12                    4
HealthEquity  Draper                     2                  51
Varex Imaging  Salt Lake City                   (1)                    8
Merit Medical System  South Jordan                   (2)                    7
Sportsmans Warehouse Holdings  West Jordan                   (2)                  (7)
NovaGold Resources  Salt Lake City                   (6)                  (6)
Health Catalyst  Salt Lake City                 (19)                (14)
Overstock.com  Midvale                 (19)                (42)
Domo Inc  American Fork                 (25)                (35)
Pluralsight  Farmington                 (47)                (34)
Vivint Solar  Lehi               (102)                (62)
Myriad Genetics  Salt Lake City               (131)                    3
Total all 18 Utah Cos                (83)                463 -118%

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