Friday, October 2, 2020

The 160 Largest Pennsylvania Companies Total Pretax Earnings Declined Precipitously By 83% in the Second Quarter of 2020, After Their 60% Decline in the First Quarter of 2020.

From a review of Company SEC filings and the Google Finance website, I found 160 Pennsylvania Companies with stock market caps of above $100 mil sometime in the past month. Of these 160 Pennsylvania Companies, 153 or 96% of them had June 2020 second quarter ends, 6 had July 2020 second quarter ends and 1 had a May 2020 second quarter end. 


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 160 excellent Pennsylvania Companies.