There is a lot going on a 3M these days, including some big legal settlements. Investors and Wall Street have reacted by essentially avoiding the stock. 3M could change investor sentiment when it reports third-quarter earnings Tuesday morning.
Coming out of the second-quarter report, 3M was expected to generate full-year earnings per share of between $8.60 and $9.10. That left between $4.46 and $4.96 a share for the second half of 2023, up from the $4.14 reported in the first half. Since the end of the second quarter, 3M agreed to settle claims related to potentially faulty earplugs sold to the government for about $6 billion. That settlement, along with a June settlement related to chemicals produced by 3M and others that were found in groundwater, has led to a couple of Wall Street upgrades.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »
Strong Ad Sales Wind Beneath Big Tech EarningsU.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed.
Sumber: NEWSMAX - 🏆 16. / 71 Baca lebih lajut »