Wednesday, October 14, 2020

The 39 Largest Michigan Cos Saw Their Total Pretax Earnings Decline By 90% in the Second Quarter of 2020, Even Worse Than Their 53% Decline in the First Quarter of 2020

From a review of Company SEC filings and the Google Finance website, I found 39 Michigan Companies which were publicly-held Companies in mid-July 2020 with stock market caps above $1 bil then.  

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 39 excellent Michigan Companies.