3M Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
3M Company (NYSE:MMM) is set to release its Q3 earnings on Oct. 22, with expected earnings of $1.9 per share and revenue of $6.06 billion, both down from the previous year. Analysts have recently adjusted their ratings and price targets for 3M, with some upgrading the stock to Buy and others maintaining Neutral or Overweight ratings.
October 22, 2024 | 7:13 am
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3M is expected to report lower Q3 earnings and revenue compared to last year. Analysts have mixed ratings, with some upgrades and increased price targets, indicating varied expectations for the stock's performance.
3M's upcoming earnings report is crucial as it shows a decline in expected earnings and revenue. Analysts have mixed views, with some upgrading the stock and others maintaining neutral positions, reflecting uncertainty in the market. The stock's recent price target increases suggest potential optimism, but the overall impact remains neutral until the earnings are released.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100