Saturday, August 15, 2020

Louisiana Companies Audited Pretax Earnings Average Annual Declines Were Substantially Worse During the Trump Administration's First Three Full Years in Office (2017-2019) ..... Down a Massive 127% Per Year ..... Than They Were During the Obama Administration's Eight Years in Office (2009-2016) ..... Down 10% Per Year

From a review of SEC filings and Google Finance, there were 12 Louisiana Companies with stock market caps of above $100 mil in June 2020 and which reported Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent twelve years (Years from 2008-2019).     

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 12 Louisiana Companies for fiscal year end 2019, the last year of the Trump Administration's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Trump Administration as well as also the last year of the Obama Administration, and for fiscal year end 2008, the year before the start of the Obama Administration.


Average Average
Annual  Annual 
Annual Audited Audited Audited % Change % Change
Audited Pretax Pretax Pretax During During
Fincl Income Income Income Trump Obama
Louisiana Sts (Loss) (Loss) (Loss) Admin's Admin's
Louisiana Companies City State 2019 FYE FYE FYE 3 Years 8 Years
Stock Market Caps Above $100 Mil HQs HQs FYE 2019 2016 2008 2017-19 2009-16
 $ mils  $ mils  $ mils
Entergy Corp New Orleans LA Dec 19         1,088        (1,382)         1,844 NM -22%
IBERIABANK Lafayette LA Dec 19            500            272              56 28% 48%
Lamar Advertising Baton Rouge LA Dec 19            368            312              12 6% 313%
Pool Corp Covington LA Dec 19            317            241              97 11% 19%
Amedisys Baton Rouge LA Dec 19            170              62            141 58% -7%
LHC Group Lafayette LA Dec 19            140              68              61 35% 1%
AMERISAFE DeRidder LA Dec 19            116            113              64 1% 10%
H&E Equipment Services Baton Rouge LA Dec 19            116              59              69 32% -2%
Home Bancorp Lafayette LA Dec 19              34              24                4 14% 63%
First Guaranty Bancshares Hammond LA Dec 19              18              21                8 -5% 20%
Globalstar Covington LA Dec 19              16           (139)             (25) NM NM
CenturyLink Monroe LA Dec 19        (4,766)         1,020            561 -189% 10%
Total all 12 Louisiana Cos        (1,883)            671         2,892 -127% -10%