Sunday, May 8, 2022

The 15 Largest Italian Cos With Stock Market Caps Above US$10 Bil Generated Total Fiscal Year 2021 Bottom-Line Earnings Which Were Up By 37% From the Pre-Covid Pandemic Year of 2019, While the 50 Smaller Italian Cos With Stock Market Caps of US$1-10 Bil Saw Their Same 2021 Total Earnings Plummet By 91% From That in 2019. This Huge Profit Decline in 2021 Was Driven By Telecom Italia's $8.4 Bil Euro Loss in 2021.

From a review of companiesmarketcap.com, of value.today/headquarters/italy, of topforeignstocks.com, of the Google Finance and Yahoo Finance websites, and of Wikipedia Listed Italian Companies on the Borsa Italiana, there were 65 Italian Companies with stock market caps above US$1 bil recently, which had their Income Statement information predominately included in the WSJ Markets website including their Consolidated Net Income (Loss) for each of the most recent three fiscal years 2021, 2020 and 2019, and which also reported their earnings information in EUROs.  A small handful of these Companies Earnings were derived from these Companies' actual financial statements contained in their Company's Investor Relations websites.  

From predominately their Income Statement summaries reported in the WSJ Markets website, the table below shows the Consolidated Net Income (Loss) from continuing operations for fiscal years 2021, 2020 and 2019 for each of these 65 largest Italian Companies reporting in EUROs.