Thursday, September 17, 2020

Missouri Big Health Insurer Centene's Pretax Income Was Up a Staggering 194% in the 2Q 2020 .... While the 37 Other Largest Missouri Cos Posted Total Pretax Income Which Was Down 68% in the 2Q 2020, After Being Down 59% in the 1Q 2020

From a review of Company SEC filings and the Google Finance website, I found 38 Missouri Companies with stock market caps of above $200 mil in mid-June 2020.  Of these 38 Missouri Companies, 36 or 95% of them had June 2020 second quarter ends and 2 had July 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 38 excellent Missouri 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
Missouri Largest Companies   2020 2019 2020 2019
Stock Market Caps Above $200 Mil City HQs mils $ mils $ mils $ mils $
Big Health Insurance Company
Centene  St Louis        1,944          662          131          685
… % Change From Prior Year Quarter 194% -81%
All Other Missouri Companies
O Reilly Auto  Springfield           700          465          380          414
Bunge Ltd  St Louis           690          272        (248)            88
Emerson Electric  St Louis           458          767          689          675
Ameren Corp  St Louis           294          219          169          220
Reinsurance Group  Chesterfield           195          260          (96)          217
Cerner  Kansas City           172          154          184          206
Evergy  Kansas City           168          167            80          111
Kansas City Southern  Kansas City           151          188          198          138
Amdocs Ltd  Chesterfield           145          138          154          148
Stifel Financial  St Louis           143          148          115          138
H & R Block  Kansas City           124        (207)          642       1,135
Jack Henry & Associates  Monett             77            79            92            76
UMB Financial  Kansas City             69            67            (4)            68
Post Holdings  St Louis             50            31        (222)            42
Commerce Bancshares  Kansas City             48          137            60          120
Energizer Holdings  St Louis             39              9            22          (74)
Hostess Brands  Kansas City             23            26              3            25
ESCO Technologies  St Louis             22            24            20            20
Enterprise Financial Services Grp  Clayton             18            23            16            20
Great Southern Bancorp  Springfield             16            22            18            22
Bellring Brands  St Louis             15            53            21            41
Perficient  St Louis             10            12            11              9
FutureFuel Corp  Clayton             10              5              6              6
Southern Missouri Bancorp  Poplar Bluff               9              9              6              9
Cass Information Systems  St Louis               7              9              9            10
Edgewell Personal Care  Chesterfield MO / Sheldon, CT               5        (503)            28            64
Aegion Corp  Chesterfield               5            (4)            (1)            (5)
Belden  St Louis               4            45            17            34
Leggett & Platt   Carthage               2          114            61            78
Stereotaxis  St Louis             (2)            (1)            (2)            (2)
Caleres  St Louis           (34)            33        (432)            12
Arch Resources  St Louis           (48)            63          (27)            73
EPR Properties  Kansas City           (64)            45            36            48
Spire  St Louis         (120)            (6)          164          188
Olin Corp  Clayton         (160)          (25)        (106)            53
Mallinckrodt plc  St Louis         (789)          (25)          (76)          (50)
Peabody Energy  St Louis      (1,546)            46        (126)          152
Total all 37 Missouri Companies … No Centene          906       2,859       1,861       4,529
… % Change From Prior Year Quarter -68% -59%