Monday, October 31, 2016

Nebraska Companies Generated Very Solid and Very Consistent Audited US GAAP Total Annual Earnings Growth During the Obama Administration

Since the very likable and accomplished Anne Holton is campaigning today October 31, 2016 in Omaha, Nebraska, I think it might be helpful to research how the Nebraska Headquartered Companies have performed on the earnings front during the Obama Administration.

From a review of the very fine Google Finance Website and of company financial statements in the US SEC website, I found the 15 Companies headquartered in Nebraska, all with Stock Market Capitalizations now of more than $100 Mil and which also have filed their fiscal year 2015 annual financial statements with the SEC.  Traditional Regulated Utilities were excluded.

Below here are the reported Audited Earnings (Losses) From Continuing Operations of each of these 15 Nebraska Companies for all years reported from 2007 through 2015 where the amounts were presented and in a consistent manner:



2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net
ST 2015 Income Income Income Income Income Income Income Income Income
Nebraska Company City HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils













Berkshire Hathaway Omaha NE Dec15   24,414   20,170   19,845   15,312   10,746   13,494     8,441     5,596   13,567
Union Pacific Omaha NE Dec15     4,772     5,180     4,388     3,943     3,292     2,780     1,890     2,335     1,855
TD Ameritrade Omaha NE Sep15        813        787        675        586        638        592        644        804        646
Nelnet Inc Lincoln NE Dec15        268        309        304        178        204        189        139          27          35
West Corp Omaha NE Dec15        191        135        123        105        114          77          91          17          21
Cabelas Inc Sidney NE Dec15        189        202        224        174        143        112          50          76          88
Buckle Inc Kearney NE Jan16        147        163        163        164        151        135        127        104          75
Werner Enterprises Inc Omaha NE Dec15        124          99          87        103        103          80          57          68          75
Valmont Industries Valley NE Dec15          45        189        280        239        237        100        154        136          97
America First Multifamily Investors LP Omaha NE Dec15          27          15          15            3          (2)          (0)          (3)          (2)            0
Lindsay Corp Omaha NE Aug16          20          26          52          71          43          37          25          14          39
National Research Lincoln NE Dec15          18          18          15          15          12            8            8            7            7
National Research Corp Lincoln NE Dec15          18          18          15          15          12            8            8            7            7
Green Plains Partners LP Omaha NE Dec15          16        (13)          (8)





Green Plains Inc Omaha NE Dec15          15        160          43          12          38          48          20          (8)          (4)













Total all 15


  31,077   27,458   26,221   20,920   15,731   17,660   11,651     9,181   16,508
2015 Total Earnings % Above:











….. 2014 Earnings


13%







….. 2013 Earnings


19%







….. 2012 Earnings


49%







….. 2011 Earnings


98%







….. 2010 Earnings


76%







….. 2009 Earnings


167%







….. 2008 Earnings


238%







….. 2007 Earnings


88%










Saturday, October 29, 2016

The 20 South Carolina Companies With Market Caps Above $100 Mil Generated Total Audited US GAAP Earnings For the Two Years 2014 and 2015 Combined of $1.473 Bil, Up 415% From the Two Years 2008 and 2009 Combined of $0.286 Bil

The 2016 US Presidential Race is tightening up some.  The State of South Carolina is now considered a Leaning Donald Trump State with only a 7.6% average of recent polls margin by the excellent Real Clear Politics.
 
Thus, I think it might be helpful to research how the South Carolina Headquartered Companies have performed on the earnings front during the Obama Administration.

From a review of the very fine Google Finance Website and of company financial statements in the US SEC website, I found the 20 Companies headquartered in South Carolina, all with Stock Market Capitalizations now of more than $100 Mil and which also have filed their fiscal year 2015 annual financial statements with the SEC.  Traditional Regulated Utilities were excluded.

Below here are the reported Audited Earnings (Losses) From Continuing Operations of each of these 20 South Carolina Companies for all years reported from 2007 through 2015 where the amounts were presented and in a consistent manner:



2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net
ST 2015 Income Income Income Income Income Income Income Income Income
South Carolina Company City HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils













Sonoco Products Co Hartsville SC Dec15        251        227        211        195        219        202        155        157        212
Domtar Corp Fort Mill SC Dec15        142        431          91        172        365        605        310      (573)          70
AVX Corp Fountain Inn SC Mar16        102        226        127        (64)        153        244        143          81        149
South State Corp Columbia SC Dec15          99          75          49          30          23          52          14          16          22
World Acceptance Corp Greenville SC Mar16          87        111        107        104        101          91          74          56          50
Ingevity  North Charleston  SC Dec15          85        133        118        122




ScanSource Inc Greenville SC Jun16          64          65          82          35          74          74          49          48          56
Denny's Corp Spartanburg SC Dec15          36          33          25          22        112          23          42          13          30
Blackbaud Inc Charleston SC Dec15          26          28          30            7          33          29          28          29          30
Regional Management Corp Greenville SC Dec15          23          15          29          25          21          16          10            6            3
Carolina Financial Corp Charleston SC Dec15          14            8          17          17          (1)        (13)            7

Southern First Bancshares Greenville SC Dec15          10            7            5            4            2            1            1            2            3
Delta Apparel Inc Greenville SC Sep15            8          (1)            9          (2)          17          12            6          (1)            6
First Community Corp Lexington SC Dec15            6            5            4            4            3            2        (25)          (7)            4
Oconee Federal Financial Seneca SC Jun16            5            5            4            4            4            2            3            2            1
HCSB Financial Loris SC Dec15          (0)          (0)            2        (10)        (29)        (17)          (1)            2            2
Royal Energy Resources Charleston SC Aug15          (1)          (1)          (0)          (0)          (0)          (1)          (2)          (0)
Kemet Corp Simpsonville SC Mar16        (54)        (20)        (65)        (79)          (2)          58        (69)      (285)        (25)
Benefitfocus Inc  Charleston  SC Dec15        (62)        (63)        (30)        (15)        (15)          (2)


3D Systems Corp Rock Hill SC Dec15      (664)          12          44          39          35          20            1          (6)          (7)













Total all 20


       177     1,296        859        610     1,115     1,399        746      (460)        606













2 Years 2014-5 Total Earnings


    1,473







2 Years 2008-9 Total Earnings


       286







….. % Increase


415%