Monday, November 9, 2020

So Far, the 30 Largest City of Los Angeles, California Cos Posted Total Pretax Losses of $2.8 Bil For Their 9 Months Ended Sept 2020, Down $5.7 Bil From Their Total Pretax Earnings of $2.9 Bil For the 9 Months Ended Sept 2019. When the Loss Numbers Are So Huge During Covid-19, Then Fair, Wisely-Designed Virus Stimulus is Needed Right Away For All People and Small Businesses Severely Harmed By Covid-19.

From a review of Company SEC filings and the Google Finance website, there were 30 City of Los Angeles, California Companies with stock market caps of above $100 mil currently that have September 2020 quarter ends and that have already reported their September 2020 Quarterly Earnings to the SEC by Monday, November 9, 2020.  

The table below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the September quarter ends, the June quarter ends and the March quarter ends  of both 2020 and 2019 for each of these 30 excellent City of Los Angeles Companies.