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Trigaux: How 15 major companies in Tampa Bay are performing halfway through 2017

 
FAST LANE PERFORMER: The Raymond James Financial investment firm in St. Petersburg has become more aggressive in expanding to the Northeast and West Coast of the United States under current CEO and chairman Paul Reilly, left, since former top executive Tom James has stepped away from more day-to-day management. [Courtesy of Raymond James Financial]
FAST LANE PERFORMER: The Raymond James Financial investment firm in St. Petersburg has become more aggressive in expanding to the Northeast and West Coast of the United States under current CEO and chairman Paul Reilly, left, since former top executive Tom James has stepped away from more day-to-day management. [Courtesy of Raymond James Financial]
Published Aug. 11, 2017

Given record stock market levels achieved this summer, should we assume corporate earnings must be doing pretty well in the latest quarter ended June 30? Tampa Bay's certainly had its winners, both in larger companies based here as well as those with a big local presence but headquartered elsewhere.

But there are plenty of other companies prominent in the area whose performances are generally steady if not stellar. And there are still others of note that are struggling and have watched their stock prices decline thus far in 2017 — despite the Dow starting this year at 19,882, and now trading close to 22,000.

Keep some perspective and remember this question: Can profits really grow in double-digits in an economy bumping along at 2 percent?

Here's a snapshot of how 15 companies — five strong, five steady and five facing challenges — prominent in Tampa Bay's economy are doing at the end of latest quarter and where they seem to be going.

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