Friday, October 23, 2020

Florida Companies Performed Substantially Better on the Audited Pretax Earnings Annual Growth Front During Obama/Biden's Last Three Years 2014-2016 (a Very Impressive +18.1% Per Year) Than They Did During Trump/Pence's First Three Years 2017-19 (+3.7% Per Year) and This Was Before the Devastating Earnings Impact From Covid-19

From a review of SEC filings and Google Finance, there were 57 Florida Companies with stock market caps in mid-July 2020 of above $1 bil and which reported consistently presented Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent seven years (Fiscal Years from 2013 to 2019).  Also, I excluded Companies now headquartered in Florida but which weren't so during the majority of these seven years.

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these seven fiscal years for each of these 57 largest Florida Companies.