Wednesday, September 30, 2020

The 102 Largest Ohio Companies Total Pretax Earnings Fell Off-the-Cliff, Declining By 99% in the First Half of 2020, Going From $23.7 Bil in the First Half of 2019 to Only a Mere $270 Mil in the First Half of 2020. The Trump Administration's Highly-Touted Strong US Economy Didn't Hit Ohio in the First Half of 2020.

From a review of Company SEC filings and the Google Finance website, I found 102 Ohio Companies with stock market caps of above $100 mil recently. Of these 102 Ohio Companies, 88 or 86% of them had June 2020 second quarter ends, 11 had July 2020 second quarter ends and 3 had May 2020 second quarter ends. 

The table below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the second and first quarters of both 2020 and 2019 for each of these 102 excellent Ohio Companies.












Sunday, September 27, 2020

Washington State's Big Two Did Just Fine in the First Half of 2020 on the Pretax Earnings Front With Amazon's Up 115% in the 2Q of 2020 and With Microsoft's Up 7% in the 2Q of 2020 and Up 22% in the 1Q of 2020 ..... While the 31 Next Largest Washington State Companies Total Pretax Earnings Were Completely Down the Tubes ..... Declining By 253% in the 2Q of 2020 Which Was Even Substantially Worse Than Their 110% Decline in the 1Q of 2020. Other Than For Amazon and Microsoft, the Trump Administration's Highly-Touted Strong US Economy Hasn't Hit Washington State in the First Half of 2020.

From a review of Company SEC filings and the Google Finance website, I found 33 Washington State Companies with stock market caps of above $1 bil in mid-June 2020.  Of these 33 Washington State Companies, 29 or 88% of them had June 2020 second quarter ends, 2 had July 2020 second quarter ends and 2 had May 2020 second quarter ends.

The table below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the second quarter of both 2020 and 2019 for each of these 33 exceptional Washington State Companies.


US US US US
GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax
Income Income Income Income
(Loss) (Loss) (Loss) (Loss)
Second Second First First
Quarter Quarter Quarter Quarter
Washington State Largest Companies 2020 2019 2020 2019
Market Caps Above $1 Bil City HQs mils $ mils $ mils $ mils $
Microsoft (Market Cap $1.57 Trillion) Redmond     13,422     12,596     12,843     10,486
….. % Change From Prior Year Quarter 7% 22%
Amazon.com (Market Cap $1.55 Trillion) Seattle       6,221       2,889       3,383       4,401
….. % Change From Prior Year Quarter 115% -23%
Other Cos With Market Caps Above $1 Bil
Costco Issaquah       1,163       1,123       1,277       1,215
Expeditors Intl Washington Seattle          251          201          167          195
Paccar Bellevue          184          814          462          819
Fortive Corp Everett          153          204            71          192
Weyerhaeuser Seattle          132            91          147        (393)
F5 Networks Seattle            88          107            84          150
Columbia Banking System Tacoma            45            64            18            57
Washington Federal Seattle            44            65            48            65
Monolithic Power Systems Kirkland            33            22            29            25
Banner Corp Walla Walla            28            51            21            42
Broadmark Realty Capital Seattle            20            31            27            25
Avista Spokane            10            23            57          146
Potlatch Deltic Spokane              3            16          (28)              8
Trupanion Seattle              1            (2)            (1)            (1)
nLight Vancouver            (6)              1            (7)              1
Redfin Seattle            (7)          (13)          (60)          (67)
Avalara Seattle          (10)          (14)          (15)          (10)
Seattle Genetics Bothell          (21)          (79)        (168)          (13)
Smartsheet Bellevue          (26)          (19)          (28)          (20)
NanoString Technologies Seattle          (27)          (20)          (39)          (22)
Adaptive Biotechnologies Seattle          (35)          (16)          (32)          (18)
Itron Liberty Lake          (58)            29            17              6
CytoDyn Vancouver          (58)          (15)          (36)          (13)
ZoomInfo Technologies Vancouver          (69)          (21)            (6)          (44)
Zillow Group Seattle          (84)          (72)        (173)          (70)
T-Mobile US Bellevue        (208)       1,240       1,257       1,203
Alaska Air Group Seattle        (291)          351        (317)              6
Nordstrom Seattle        (421)          193        (847)            53
Starbucks Seattle        (812)       1,677          390          820
Expedia Group Seattle        (953)          235     (1,479)        (141)
Boeing Seattle / Chicago     (3,423)     (3,427)     (1,503)       2,333
Total all 31 Next Largest Washington State Cos     (4,354)       2,840        (667)       6,549
….. % Change From Prior Year Quarter -253% -110%