3M Earnings Preview: Can The Industrial Giant Beat Expectations Again?
Portfolio Pulse from Erica Kollmann
3M Company (NYSE:MMM) is set to report its Q3 earnings, with expectations of $1.90 per share. Despite a 26.6% revenue drop due to a spin-off, 3M has beaten earnings estimates for six consecutive quarters. The new CEO is reversing remote work policies to boost innovation.
October 21, 2024 | 8:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
3M is expected to report Q3 earnings of $1.90 per share, with a 26.6% revenue drop due to a spin-off. The company has a strong track record of beating earnings estimates. New CEO's policy changes aim to boost innovation.
3M has a strong history of beating earnings expectations, which could positively impact the stock price. The revenue drop is due to a strategic spin-off, not operational issues. The new CEO's policy changes may enhance productivity and innovation, potentially benefiting future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100