Friday, October 23, 2020

Florida Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office 2009-2016 (Up a Blistering Simple Average of 53% Per Year) Than They Did During Trump/Pence's First Three Years in Office 2017-2019 (Up 4% Per Year)

From a review of SEC filings and Google Finance, there were 50 Florida Companies with stock market caps of above $1 bil in mid-July 2020 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 (Fiscal Years from 2008 to 2019). I only included Companies which were headquartered in Florida for at least 6 of these 12 years.

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 50 Florida Companies for fiscal year end 2019, the last year of the Donald Trump/Mike Pence's first three full years in office so far, for fiscal year end 2016, the year before the start of the Donald Trump/Mike Pence Administration as well as also the last year of the Barack Obama/Joe Biden Administration, and for fiscal year end 2008, the year before the start of the Barack Obama/Joe Biden Administration.