Monday, November 2, 2020

Mississippi Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During the Obama/Biden Administration's Eight Years in Office 2009-2016 (Up a Simple Average Annual Growth of an Off-the-Charts 227% Per Year) Than They Did During the Trump/Pence Administration's First Three Full Years in Office 2017-2019 (Up a Simple Average Annual Growth of 24% Per Year)

From a review of SEC filings and Google Finance, there were 10 Mississippi Companies with stock market caps of above $100 mil in June 2020 and that 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 (Years from 2008-2019).   I included Companies which were headquartered in Mississippi for at least 6 of these 12 years.  

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 10 Mississippi Companies for fiscal year end 2019, the last year of the Trump Administration's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Trump Administration as well as also the last year of the Obama Administration, and for fiscal year end 2008, the year before the start of the Obama Administration.