Tuesday, March 12, 2013

US Big Non-Financial Other Sector Corps 2012 Annual Earnings Down 5%

I found 3 US Big Non-Financial Other Sector Corps filing with the SEC which generated Non-GAAP Adjusted After-tax Net Income of over $1 bil each in either annual 2012 or annual 2011.

Non-GAAP Adjusted After-tax Net Income, which is generally used by the investment community to value common stocks, was used when this amount was disclosed in the company's earnings release, and it excludes Special, Unusual Items which are significant in amount relative to Reported GAAP Net Income.

The Total Non-GAAP Adjusted After-tax Net Income of these 3 US Non-Financial Other Sector Corps was $3.4 bil in annual 2012, down 5% from annual 2011.

Below here is the Non-GAAP Adjusted After-tax Net Income for both annual 2012 and 2011 for each of these 3 US Big Non-Financial Other Sector Corps:















Non-GAAP Non-GAAP


Annual Annual Adjusted Adjusted


2012 2011 Net Net


Non-GAAP Non-GAAP Income Income
 
Adjusted Adjusted Increase Increase
 
Net Net (Decrease) (Decrease)
Company FYE Income Income Amount %


mils of $s mils of $s mils of $s
Other Non-Financial Sectors










Sysco Jun 1,257 1,201 56 4.7%
International Paper Dec 1,167 1,365 (198) -14.5%
Waste Management Dec 966 1,007 (41) -4.1%




   
Total of all 3
3,390 3,573 (183) -5.1%