Monday, June 22, 2020

The 40 Largest Connecticut Companies Total Pretax Earnings Decline Sharply By 51% in the 1Q 2020 From the 1Q 2019

From a review of Company SEC filings and the Google Finance website, I found 40 Connecticut Companies with stock market caps of above $1 bil recently.  

The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 40 Connecticut Companies.


US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss) Better
First First (Worse)
Quarter Quarter %
Connecticut Largest Companies 2020 2019  Change
Market Caps Above $1 Bil City HQs mils $ mils $
Cigna Bloomfield             1,397             1,788
United Technologies Farmington                955             1,822
Charter Communications Stamford                496                436
Synchrony Financial Stamford                382             1,462
Hartford Financial Services Hartford                344                775
Otis Worldwide Farmington                327                425
Interactive Brokers Group Greenwich                308                339
Amphenol Wallingford                289                350
Avangrid Orange                242                257
United Rentals Stamford                226                220
People's United Financial Bridgeport                166                145
Stanley Black & Decker New Britain                146                195
SS&C Technologies Windsor                124                  97
EMCOR Group Norwalk                104                100
Fact Set Research Systems Norwalk                103                104
Hubbell Shelton                100                  98
Gartner Stamford                  97                  21
Crane Stamford                  80                104
Silgan Holdings Stamford                  77                  60
Hexcel Stamford                  54                  91
Webster Financial Waterbury                  49                126
Tronox Holdings plc Stamford                  47                (28)
RBC Bearings Oxford                  43                  40
Barnes Group Bristol                  43                  44
XPO Logistics Greenwich                  35                  71
World Wrestling Entertainment Stamford                  35                (11)
Edgewell Personal Care Shelton                  28                  64
Sturm Ruger Southport                  21                  17
Compass Diversified Holdings Westport                    5                (12)
Kaman Bloomfield                  (1)                    7
Xerox Holdings Norwalk                  (5)                  73
WR Berkley Corp Greenwich                  (6)                229
SpringWorks Therapeutics Stamford                (15)                (11)
BioXcel Therapeutics New Haven                (15)                  (7)
Arvinas New Haven                (22)                (14)
Terex Westport                (26)                  75
Aircastle Ltd Stamford                (35)                  38
Starwood Property Trust Greenwich                (73)                  77
Biohaven Pharmaceutical Ltd New Haven              (172)                (62)
Booking Holdings Norwalk              (722)                968
Total all 40 Connecticut Companies             5,231           10,573 -51%

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