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Post by ktpframeking on Jan 19, 2021 19:07:07 GMT -5
Hey Guys, I’ve got a new Harley on order. What’s profit sharing gonna be ?
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Post by fordman3 on Jan 19, 2021 23:50:53 GMT -5
Hey Guys, I’ve got a new Harley on order. What’s profit sharing gonna be ? Eh maybe enough to pay for a helmet if you're lucky LMAO
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Post by nra4life on Jan 20, 2021 6:11:00 GMT -5
Expecting 2020 full year loss which mean no cash for you. Better luck next year
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Post by agslater on Jan 22, 2021 16:45:53 GMT -5
Just saw 600 million dollar recall for airbags again.
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Post by thereandback on Jan 23, 2021 19:01:33 GMT -5
I'm thinking it should be $500-$1000. The company hasn't done as bad as they expected for the year. Q4 and annual profits will be announced on Feb 4. Q3 2020 was better than 2019.
Trucks in the North America market has been what's keeping the whole Co in profit lately and only NA profits determine our PS checks. Respect to KTP for how much we put out and how valuable it is. If we do get checks, we damn sure earned 'em.
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Post by ktpbob on Jan 25, 2021 9:48:41 GMT -5
I'm guessing around $2000 to $3000 before taxes
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Post by nra4life on Jan 26, 2021 7:39:23 GMT -5
I'm guessing around $2000 to $3000 before taxes Lost 2.0 billion in first quarter, lost 1.9 billion in second quarter, made 2.3 billion in third quarter, and all the so called experts are expecting a loss in fourth quarter. Farley himself said in October full year profits would be $600 million to $1.2 billion, and that was before the latest hits on the airbag recall nonsense
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Post by tagrelief on Jan 26, 2021 11:38:29 GMT -5
North American profits, which are the only number we are concerned about in regards to profit sharing are as follows. 1st Q 346M profit 2nd Q (974M) loss 3rd Q 3.178B profit 4th Q TBD Currently NA profit stands at 2.550B which equates to $2,550 pretax PS payout. 4th Q 2019 NA profits were 700M for what it’s worth. Link is to 3rd quarter results. s23.q4cdn.com/799033206/files/doc_financials/2020/q3/Ford-3Q-2020-Earnings-Release.pdfScroll to regional results to find NA profits to date.
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Post by thereandback on Jan 26, 2021 12:01:33 GMT -5
North American profits, which are the only number we are concerned about in regards to profit sharing are as follows. 1st Q 346M profit 2nd Q (974M) loss 3rd Q 3.178B profit 4th Q TBD Currently NA profit stands at 2.550B which equates to $2,550 pretax PS payout. 4th Q 2019 NA profits were 700M for what it’s worth. Link is to 3rd quarter results. s23.q4cdn.com/799033206/files/doc_financials/2020/q3/Ford-3Q-2020-Earnings-Release.pdfScroll to regional results to find NA profits to date. Exactly
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Post by tagrelief on Feb 4, 2021 17:15:53 GMT -5
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Post by ktpbob on Feb 4, 2021 19:25:21 GMT -5
$6600 last yr $3625 this yr
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Post by beenaround on Feb 4, 2021 19:53:46 GMT -5
Better than nothing. Free money.
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Post by cobra8 on Feb 5, 2021 15:17:24 GMT -5
I think that $3625 is based on approximately 1.74 x 2080 (40 x 52) hours worked last year. With the down weeks last year, most wont see that amount.
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Post by beenaround on Feb 6, 2021 9:06:43 GMT -5
You are exactly right. Plus how many short work weeks? Plus every time someone flips out those are also lost hours per individual. Some people never think about those points. Only complain about a low profit sharing check.
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