Friday, December 16, 2022

The 245 Smaller US Cos With Stock Market Caps of $2-3 Bil Saw Their Total Audited Annual Earnings Increase By an Amazing 60 Times in Annual 2021 From Annual 2020, in the Biden Admin's First Full Year in Office.

 

Then During the 4 Years of the Trump Admin, These Smaller US Cos Experienced a Total Audited Annual Earnings Decline of $16.7 Bil or of 98%.


And During the Obama Admin's Eight Years in Office, These Smaller US Cos Reported Total Audited Annual Earnings Improvement of $23.4 Bil, Going From Total Losses of $7.4 Bil in the Financial Meltdown Year of 2008 to Total Profits of $16.0 Bil in 2016, the Obama Admin's Last Year in Office. 


From a review of primarily the companiesmarketcap.com, but also 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 245 US Companies with stock markets caps of between $2 Bil to $3 Bil about a week ago.  I included a small handful of US Cos that had stock market caps a little bit above $3 Bil which I missed previously.

And from Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these smaller US 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.