UPS 1st Qtr. Profits are 1.62 Billion

Discussion in 'UPS Union Issues' started by realbrown1, Apr 25, 2013.

  1. realbrown1

    realbrown1 Annoy a liberal today. Hit them with facts.

    At this pace the company is on pace to make 6.4 Billion dollars in 2013. Would be kind or ironic if we reach a tenative agreement that includes concessions today.
     
  2. ups hero

    ups hero Member

    Lol. I love it... I just read the article on today's release..c'mon Hoffa and hall, nows your time to shine!! Get them by the B@LL$!!
     
  3. rudy5150

    rudy5150 New Member

    Screw the $2 raise for all part timers.......Push it to $3 or $4 raise an hour! Come on Hoffa! Where you at dogg?
     
  4. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Uh link?

    Try 1.04 billion. Still a lot
     
  5. over9five

    over9five Moderator Staff Member

  6. upssalesguy

    upssalesguy UPS Defender

    net income (profit) was $1.04 billion

    and it's a volume driven profit. if we lose customers, we lose the profit.

    that's a 7.7% profit margin. that's not good for most businesses.
     
  7. realbrown1

    realbrown1 Annoy a liberal today. Hit them with facts.

    I got if off of the UPS pressroom page. I thought we were not allowed to link to UPS. Also it is 1.58 Billion adjusted to 1.62 Billion (because of cash they laid out last year for TNT that was put back into UPS in the 1st quarter)
     
  8. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Profit margin was 11.8% down .1%
     
  9. kingOFchester

    kingOFchester Well-Known Member

    Most businesses don't make over a billion dollars in Q1
     
  10. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

  11. User Name

    User Name Only 230 Today?? lol

    UPS said it plans to buy back about $4 billion worth of stock this year, about 5 percent of its current market capitalization of nearly $80 billion. It repurchased shares for $1 billion in the first quarter.


    So Profit would have been more...
     
  12. upssalesguy

    upssalesguy UPS Defender


    i took net income and divided by revenue. didn't look to see it posted. you could be right.

    $1,040,000,000/$13,400,000,000 = 7.78%

    and yes, not many companies make $1 billion. most also dont have $50 billion in annual revenues. Companies also don't normally have the market share of UPS and only one competitor. also most are not at a disadvantage to our competitor like UPS is currently. Only one thing happens to 105 year old companies with market share. they lose it.
     
  13. upssalesguy

    upssalesguy UPS Defender

    companies buy back stock when they feel their stock in undervalued. They feel they can reissue it at a higher amount down the road, so that really has nothing to do with quarterly earnings. stock is issued to expand the business, not pay the bills.
     
  14. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Just telling u what the official release said.


    Market share will be lost yes. But the overall market is expanding tremendously.
     
    Last edited: Apr 25, 2013
  15. stink219

    stink219 Well-Known Member

    Why am I not surprised that a TDUer like Realbrown would spin and inflate something we can all easily research. Such a shame of a person.
     
  16. UPSER110

    UPSER110 Active Member

  17. ocnewguy

    ocnewguy Member

  18. over9five

    over9five Moderator Staff Member

  19. InsideUPS

    InsideUPS Active Member

    Brownslave688..... I am truly impressed with your eye for detail..... I did not catch that issue my first time around... BTW, aren't those Amazon boxes?

    Screen shot 2013-04-25 at 12.49.59 PM.png
    Screen shot 2013-04-25 at 12.49.59 PM.png
     
  20. bbsam

    bbsam Moderator Staff Member

    LOL. Showing Amazon the love.