UPS 1st Qtr. Profits are 1.62 Billion

[realbrown1]

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.

 

[ups hero]

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$!!

 

[rudy5150]

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

 

[Brownslave688]

Uh link?

Try 1.04 billion. Still a lot

 

[over9five]

UPS Profit Rises 7% on Increased Volume

 

[upssalesguy]

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.

 

[realbrown1]

Uh link?

Try 1.04 billion. Still a lot

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)

 

[Brownslave688]

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.

Profit margin was 11.8% down .1%

 

[kingOFchester]

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.

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

 

[Brownslave688]

UPS Profit Rises 7% on Increased Volume

Love the ups driver with the smashed box and something hanging out of it.

 

[User Name]

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...

 

[upssalesguy]

Profit margin was 11.8% down .1%

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.

 

[upssalesguy]

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...

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.

 

[Brownslave688]

Profit margin was 11.8% down .1%

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.

Just telling u what the official release said.


Market share will be lost yes. But the overall market is expanding tremendously.

 

[stink219]

Uh link?

Try 1.04 billion. Still a lot

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.

 

[UPSER110]

one billion dollars......
ONE BILLION DOLLAR - artmarcovici

 

[ocnewguy]

one billion dollars...... View attachment 8991
ONE BILLION DOLLAR - artmarcovici

i'd be cool with that first pallet

 

[over9five]

 

[InsideUPS]

Love the ups driver with the smashed box and something hanging out of it.

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?

 

[bbsam]

Love the ups driver with the smashed box and something hanging out of it.

LOL. Showing Amazon the love.