The Giant CVS Health Pretax Earnings Were Up 53% in the 2Q 2020 But It Was All Due To Its Health Care Benefits Segment, Whose Adjusted Operating Income Increased By 141% in the 2Q 2020, Going From $1.438 bil in the 2Q of 2019 to $3.464 Bil in the 2Q 2020. Its Health Care Benefits Segment Includes the Giant Aetna Health Insurance, Which Like All Other Health Insurance Companies Received Massive Amounts of Covid Windfall Profits in the 2Q of 2020 Due To Its Health Insurance Customers Being Spooked By the Covid Pandemic and Thus Substantially Reducing Their Doctor and Health Facility Visits. On the Other Hand, All 13 Other Rhode Island Cos Total Pretax Earnings Declined By 115% in the 2Q of 2020, Consistent With Their 116% Decline in the 1Q of 2020.

From a review of Company SEC filings and the Google Finance website, I found 14 Companies headquartered in Rhode Island which filed their financial statements with the SEC.  Of these 14 Rhode Island Companies, 12 or 86% 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 14 excellent Rhode Island Companies.

		US	US		US	US
		GAAP	GAAP		GAAP	GAAP
		Pretax	Pretax		Pretax	Pretax
		Income	Income		Income	Income
		(Loss)	(Loss)	Better	(Loss)	(Loss)	Better
		Second	Second	(Worse)	First	First	(Worse)
		Quarter	Quarter	%	Quarter	Quarter	%
Rhode Island Companies		2020	2019	Change	2020	2019	Change
Filing Their 1Q 2020 Financial Statements With SEC	City HQs	mils $	mils $		mils $	mils $
CVS Health	Woonsocket	3,960	2,591	53%	2,779	1,939	43%
Textron	Providence	(118)	279		69	212
Citizens Financial Group	Providence	307	580		45	566
United Natural Foods	Providence	ER 9-28-20	ER 9-28-20		38	25
Washington Trust Bancorp	Westerly	27	22		15	22
Capital Properties	Providence	1	1		1	1
AstroNova	West Warwick	1	1		0	2
Summer Infant	Woonsocket	2	0		(1)	(1)
Procaccianti Hotel REIT	Cranston	(2)	0		(2)	(1)
KVH Industries	Middletown	(3)	(6)		(6)	(7)
Pangaea Logistics Solutions Ltd	Newport	3	5		(7)	4
Twin River Worldwide Holdings	Lincoln	(36)	23		(15)	23
Hasbro	Pawtucket	(44)	6		(72)	30
Intl Game Technology plc	Providence/London	(293)	102		(231)	133
Total 13 Rhode Island Cos … No CVS Health		(155)	1,013	-115%	(166)	1,009	-116%