3M's stock turns red as profit beat, but retail customers are still ...

Oct 22, 2024 · The stock (MMM) ran up as much as 6.3% in the premarket session, and was up 4.8% at its intraday high of $141.34 as the bell rang - the highest price seen since Feb. 2, …

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3M's Stock Turns Red As Profit Beat, But Retail Customers Are Still ...

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Oct 22, 2024 · The stock (MMM) ran up as much as 6.3% in the premarket session, and was up 4.8% at its intraday high of $141.34 as the bell rang - the highest price seen since Feb. 2, …

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3M's Stock Surges Toward A 14-month High After Profit, Sales Beat ...

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Apr 30, 2024 · Excluding nonrecurring items, such as litigation costs, adjusted earnings per share of $2.39 beat the FactSet consensus of $2.10. Sales slipped 0.3% to $8.00 billion, but were …

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3M's Path To Recovery: Stock Set For A 30% Upside In 2024

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Aug 30, 2024 · 3M Stock Is in a Technical Reversal, Can Climb 30% Within a Year. 3M’s stock price is in a technical reversal that could add another 30% to its price over the next year. The …

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3M’s Stock Turns Red As Profit Beat, But Retail Customers Are Still ...

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The stock ran up as much as 6.3% in the premarket session, and was up 4.8% at its intraday high of $141.34 as the bell rang — the highest price seen since Feb. 2, 2022 — but then took a dive ...

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3M's Earnings Impress, Yet Analysts See Long Road Ahead With …

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Oct 23, 2024 · Analysts boosted the price target for 3M Company (NYSE:MMM) following yesterday’s strong third-quarter results. The company’s adjusted net sales totaled $6.068 …

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3M's Stock Slumps After Downbeat Profit Outlook - Fox Business

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Oct 25, 2016 · Shares of 3M Co. slumped 1.4% in premarket trade Tuesday, after the diversified industrial and consumer products company reported third-quarter earnings that topped …

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Why 3M's Long-Term Decline Will Continue | The Motley Fool

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Oct 28, 2023 · 3M (MMM-2.47%) reported better-than-expected earnings last week as margins improved, and the company reduced spending in many parts of the business. What investors …

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3M’s Stock Has Its Best Day On Record As Upbeat Outlook …

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The $23.77 price gain for the stock added about 156 points to the Dow Jones Industrial Average which climbed 654 points, or 1.6%, on Friday. The quarter marks a fresh start of sorts for the …

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3M's (MMM) Earnings And Revenues Surpass Estimates In Q4

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Jan 25, 2022 · 3M's (MMM) fourth-quarter 2021 net sales increase 0.3% year over year on account of impressive performance across its Health Care and Consumer segments.

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FAQs about 3M's stock turns red as profit beat, but retail customers are still ... Coupon?

Why did 3M stock surge on Tuesday?

3M's stock surged on Tuesday after the company reported first-quarter profit and revenue that beat expectations. Shares of 3M Co. rallied toward their highest prices seen in over a year as a result. ...

Why did 3m share price go down Tuesday?

Shares of 3M Co. seesawed into negative territory Tuesday, after the maker of Post-it Notes, Scotch tape and Command strips beat third quarter profit expectations and raised its full-year outlook, but said its consumer business continued to be hampered by price-sensitive retail customers. ...

Why did 3M's stock climb 20-month high in early trading?

S hares of 3M Co. charged up toward a 20-month high in early trading Friday, after the maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook. ...

Why did 3M stock go into negative territory?

Photo: Getty Images Shares of 3M Co. seesawed into negative territory Tuesday, after the maker of Post-it Notes, Scotch tape and Command strips beat third quarter profit expectations and raised its full-year outlook, but said its consumer business continued to be hampered by price-sensitive retail customers. ...

What is 3M's target earnings per share?

The company is now targeting $7.20 to $7.30 in adjusted earnings per share for the full year. 3M's prior target was for $7.00 to $7.30 in adjusted earnings per share. Revenue amounted to $6.29 billion, up 0.4% from a year prior, while the FactSet consensus was for $6.06 billion. ...

How did 3M's sales perform?

Total sales slipped 0.4% to $6.26 billion, but was above the FactSet consensus of $5.85 billion. Among 3M’s business units, safety and industrial sales slipped 0.2% to $2.76 billion, transportation and electronics sales declined 2.2% to $2.14 billion and consumer sales were down 2.3% to $1.26 billion. ...