Monday, November 7, 2022

Isolating Out Huge EV Co Rivian Automotive, the Remaining 32 Irvine, California Cos With Stock Market Caps Above $100 Mil Saw Their Total Audited Annual Earnings Improve By 109% in Annual 2021, the Biden Admin's First Full Year in Office. Then During the 4 Years of the Trump Admin, These Same Irvine, CA Cos Experienced a Total Annual Earnings Decline of $299 Mil or a Decline of an Average 3% Per Year. And During the Obama/Biden Admin's Eight Years in Office, These Same Irvine, CA Cos Had a Total Annual Earnings Improvement of $1.9 Bil or of an Average Annual Increase of a Blistering 44% Per Year.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website, of the investing.com website, of the yahoo finance website and of Company SEC filings, there were 33 Irvine, California Companies with markets caps of above $100 mil recently. 

I isolated out EV Giant Rivian Automotive since it reported just gigantic front-end startup expenses in 2021 that ballooned up its reported Losses massively in 2021.

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Earnings (Losses) from Continuing Operations for each of these 33 Irvine, CA Companies for 2021, the Biden Administration's first year in office, for 2020, the Trump Administration's last year in office, for 2016, the Obama Administration's last year in office and for 2008, the Bush Administration's last year in office.