Brownsocks
Just a dog
We know how they beat the EPS forecast.
Thoughts?
Thoughts?
Since EPS was down 22.8% from last year, I'm going to go with a bad market consensus, if that is accurate. You can try to spin it but the numbers announced today are not good, which is why the stock took an immediate hit.
The options market is what moves the stock price.Since EPS was down 22.8% from last year, I'm going to go with a bad market consensus, if that is accurate. You can try to spin it but the numbers announced today are not good, which is why the stock took an immediate hit.
So revenue being down 10.9%, profit being down 21.4% / 18.4% and reduced fiscal year projections has nothing to do with it? Ok.The options market is what moves the stock price.
Sure it does, but derivative trading accelerates the market moves. There was a large number of calls purchased. The underlying thought was UPS was hiding a better than expected quarter from the public to help with negotiations.So revenue being down 10.9%, profit being down 21.4% / 18.4% and reduced fiscal year projections has nothing to do with it? Ok.
How wrong that was! I did say that this quarter's earnings are down. UPS just can't answer the analysts' questions about the strike. Hence that was the reason for the delay. Many in here were saying because UPS wants to hide info. They should look beyond UPS.Sure it does, but derivative trading accelerates the market moves. There was a large number of calls purchased. The underlying thought was UPS was hiding a better than expected quarter from the public to help with negotiations.
Way down from last year. Comparing an inflationary last couple years to a now tightening fiscal policy, pretty much common sense. They still made billions. Problem is Wall Street always wants more more more growth every quarter. UnsustainableKinda surprised UPS delayed the report until after the tentative agreement. People were saying it was because they would show big profits and hurt their negotiations but they were way down from last year.
Saw another article today saying UPS's outlook for the coming year isn't good between a slowing economy and much higher wage costs. On top of the lost business due to breakdown in talks last month.
Funny that they don't want growth (in cancer)!Way down from last year. Comparing an inflationary last couple years to a now tightening fiscal policy, pretty much common sense. They still made billions. Problem is Wall Street always wants more more more growth every quarter. Unsustainable
Ups will lose volume due to not servicing customers like we used to. Residential air delivered by 12:30. Customers having to pay to pick their packages up from the building. Cutting routes which affects the time of business deliveries and caused missed business deliveries.Kinda surprised UPS delayed the report until after the tentative agreement. People were saying it was because they would show big profits and hurt their negotiations but they were way down from last year.
Saw another article today saying UPS's outlook for the coming year isn't good between a slowing economy and much higher wage costs. On top of the lost business due to breakdown in talks last month.
Will be a lot of lower paid drivers in the Central States after everyone retires the next yearKinda surprised UPS delayed the report until after the tentative agreement. People were saying it was because they would show big profits and hurt their negotiations but they were way down from last year.
Saw another article today saying UPS's outlook for the coming year isn't good between a slowing economy and much higher wage costs. On top of the lost business due to breakdown in talks last month.
Since EPS was down 22.8% from last year, I'm going to go with a bad market consensus, if that is accurate. You can try to spin it but the numbers announced today are not good, which is why the stock took an immediate hit.
But the dollar was being devalued at that point due to it about to not be backed by gold.Tell me what has been in "growth" mode? College tuitions and medical expenses....when will they punch a hole through the roof?
We need a reset.
The average income of men reached a new record level in 1955, according to estimates released today by the Bureau of the Census,Department of Commerce. The average (median) income of men was $3,400 in 1955, a gain of about $160 over the previous year.
People need to quit spending so muchWe have a problem. They have no solutions. View attachment 441522