UPS Q1 2024 Earnings Report - it's that time again.

[Commercial Inside Release]

ATLANTA – UPS (NYSE:UPS) will announce its 2024 first-quarter results on 23 April 2024, at approximately 6:00 a.m. Eastern Time.

Last quarter was -7.8%
This one is estimated to be -8.9%
Last quarter the price dropped $8-10ish by Fri/Mon

Last quarter, the company posted 3-400 jobs before the earnings report, then cancelled them soon after...
This quarter they just did the same. 414 yesterday, down to 230 now, probably 175 some time tomorrow.

There is a chance the stock will drop to 2020 levels, and likely hit some resistance there. But, as I type this Isreal just fired some missiles into the center of Iran, aimed at several nuclear sites... So, we might see prices go below 10 year levels later this summer.

 

[IVE GOTTA PACKAGE 4U]

ATLANTA – UPS (NYSE:UPS) will announce its 2024 first-quarter results on 23 April 2024, at approximately 6:00 a.m. Eastern Time.

Last quarter was -7.8%
This one is estimated to be -8.9%
Last quarter the price dropped $8-10ish by Fri/Mon

Last quarter, the company posted 3-400 jobs before the earnings report, then cancelled them soon after...
This quarter they just did the same. 414 yesterday, down to 230 now, probably 175 some time tomorrow.

There is a chance the stock will drop to 2020 levels, and likely hit some resistance there. But, as I type this Isreal just fired some missiles into the center of Iran, aimed at several nuclear sites... So, we might see prices go below 10 year levels later this summer.

Maybe a buying opportunity?Maybe a buying opportunity?

 

[KearsargeCoop]

Maybe a buying opportunity?Maybe a buying opportunity?

You know...I was thinking...this JUST might be a buying opportunity?

 

[DOK]

Maybe a buying opportunity?Maybe a buying opportunity?

Yeah, as long as dividend doesn’t drop as well, then it’s a hot mess

 

[DOK]

ATLANTA – UPS (NYSE:UPS) will announce its 2024 first-quarter results on 23 April 2024, at approximately 6:00 a.m. Eastern Time.

Last quarter was -7.8%
This one is estimated to be -8.9%
Last quarter the price dropped $8-10ish by Fri/Mon

Last quarter, the company posted 3-400 jobs before the earnings report, then cancelled them soon after...
This quarter they just did the same. 414 yesterday, down to 230 now, probably 175 some time tomorrow.

There is a chance the stock will drop to 2020 levels, and likely hit some resistance there. But, as I type this Isreal just fired some missiles into the center of Iran, aimed at several nuclear sites... So, we might see prices go below 10 year levels later this summer.

What do you mean by “the company posted 3-400 jobs”?

 

[IVE GOTTA PACKAGE 4U]

Yeah, as long as dividend doesn’t drop as well, then it’s a hot mess

Oh no they would never disappoint the shareholders by dropping the dividend

 

[IVE GOTTA PACKAGE 4U]

You know...I was thinking...this JUST might be a buying opportunity?

I think in a long-term it could be a good deal
I don't want anything to do with the stock at all though

 

[DOK]

I think in a long-term it could be a good deal
I don't want anything to do with the stock at all though

Used to feel the same way but trying to accumulate a good portion, would like another income stream (dividend) for retirement

 

[KearsargeCoop]

I think in a long-term it could be a good deal
I don't want anything to do with the stock at all though

I have it set up as a very minor part of the portfolio. Might grab some direct if it dips real hard

 

[IVE GOTTA PACKAGE 4U]

Used to feel the same way but trying to accumulate a good portion, would like another income stream (dividend) for retirement

Treasury bonds have a pretty good yield right now but something to take into consideration

 

[KearsargeCoop]

Treasury bonds have a pretty good yield right now but something to take into consideration

Pretty good?

 

[IVE GOTTA PACKAGE 4U]

Pretty good?

 

[burrheadd]

I think in a long-term it could be a good deal
I don't want anything to do with the stock at all though

I sold all mine awhile back
I’ve got a feeling before Carols done it’s going get even uglier
Although I just read fedx is closing a bunch of buildings in Florida
Might workout for the best for UPS

 

[IVE GOTTA PACKAGE 4U]

I sold all mine awhile back
I’ve got a feeling before Carols done it’s going get even uglier
Although I just read fedx is closing a bunch of buildings in Florida
Might workout for the best for UPS

A race to the bottom?

 

[burrheadd]

A race to the bottom?

Starting to look like it

 

[728ups]

Oh no they would never disappoint the shareholders by dropping the dividend

I bought UPS stock along with contributing to my 401K and I gotta tell you, the quarterly dividends are NICE.

 

[728ups]

Starting to look like it

I’m have only been retired since January 2021 and from talking to my son as well as other drivers I’m shocked at how much has negatively changed

 

[IVE GOTTA PACKAGE 4U]

Starting to look like it

Let Amazon run away with it all

 

[burrheadd]

Let Amazon run away with it all

You know Bezos is sitting in his war room figuring out how he can make money off of this

 

[728ups]

Let Amazon run away with it all

I truly think the company wants to get away completely with residential delivery and focus on business -to-business deliveries.