Wuerth While Wily Wakenings: The 50 Largest US Non-Dow 30 Industrials Cos Suffered a Sharp Downturn in Their Total Earnings From the Previous Year Period That Started in the Third Quarter of 2022 (Down By 17%) and Then Exploded Substantially Further Down in the Fourth Quarter of 2022 (Down By 37%). The Giant Berkshire Hathaway Hasn't Reported Its 4Q 2022 Earnings Yet, But When It Does This Weekend, That 37% Total Earnings Decline Should Probably Decline By More Given Apple's Outstanding Stock Market Price Performance in the 4Q of 2021 vs Its Down Performance in the 4Q 2022. Clearly, These 50 US Companies 4Q 2022 Total Earnings Disaster Should Be Put in the Earnings Depression Category Rather Than in the Earnings Recession Category.

Tuesday, February 21, 2023

The 50 Largest US Non-Dow 30 Industrials Cos Suffered a Sharp Downturn in Their Total Earnings From the Previous Year Period That Started in the Third Quarter of 2022 (Down By 17%) and Then Exploded Substantially Further Down in the Fourth Quarter of 2022 (Down By 37%). The Giant Berkshire Hathaway Hasn't Reported Its 4Q 2022 Earnings Yet, But When It Does This Weekend, That 37% Total Earnings Decline Should Probably Decline By More Given Apple's Outstanding Stock Market Price Performance in the 4Q of 2021 vs Its Down Performance in the 4Q 2022. Clearly, These 50 US Companies 4Q 2022 Total Earnings Disaster Should Be Put in the Earnings Depression Category Rather Than in the Earnings Recession Category.

From Companies 10-Qs and earnings releases filed with the US SEC, the table below shows the Gold-Standard US GAAP Earnings (Losses) From Continuing Operations for each of the 50 largest by very recent stock market capitalization US Non-Dow 30 Industrials Companies for the third and fourth quarters of both 2022 and 2021.