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

Jkloc420

Do you need an air compressor or tire gauge
Going to be another bad biden quarter, but hey you can be a male and use the womans room now if u identify has trans
 

textat3

Well-Known Member
This is not a stock to own, for any reason except the dividend. Owning UPS stock for the sole purpose of the 5% employee discount, which used to be a 10% discount, is not a compelling reason. You can make 5%….or slightly more in a CD these days. This company will be lucky to be around in 10 years. We are a dying breed. The contractor model is where the profits are. Paying high school educated individuals who don’t possess a professional license of any sort, except the Feeder guys, 120k plus a year along with paying an 80 year old CEO 30 million a year who believes better not bigger is supposed to get Wall Street excited about us……no bueno….muy mal. Seriously if you must own a transport stock, own Fedex. You want to work for a union company, not own their stock.
 

Anthropomorphic Cow

Well-Known Member
This is not a stock to own, for any reason except the dividend. Owning UPS stock for the sole purpose of the 5% employee discount, which used to be a 10% discount, is not a compelling reason. You can make 5%….or slightly more in a CD these days. This company will be lucky to be around in 10 years. We are a dying breed. The contractor model is where the profits are. Paying high school educated individuals who don’t possess a professional license of any sort, except the Feeder guys, 120k plus a year along with paying an 80 year old CEO 30 million a year who believes better not bigger is supposed to get Wall Street excited about us……no bueno….muy mal. Seriously if you must own a transport stock, own Fedex. You want to work for a union company, not own their stock.
Ups consistently runs a higher profit margin than FedEx… contractor model is not all it’s cracked up to be.
 
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