3M earnings: What to expect

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Wall Street has set a ‘very low’ bar for the consumer, industrial and health care-products company

Expectations for profit, sales and free cash flow have declined in recent months, as the consumer, industrial and health care-products company MMM, -0.58% warned last month that its electronics and consumer business segments, and China, remain weak.

The stock fell 0.4% in afternoon trading Monday, to put it on track for the lowest close since June 2012. It has dropped 17.3% over the past three months, while the Dow Jones Industrial Average DJIA has declined 6%. “Given low investor expectations, an EPS beat should drive a positive char price reaction,” BofA’s Obin wrote.For one, CFO Patolawala said in September that there was still “significant slowness” in the electronics and consumer markets, and that China continued to be slow in the third quarter.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street drifts as stocks continue to follow the bond market's leadWall Street is drifting in mixed trading, continuing a months-long run where it’s followed the cue of the bond market.
Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »

Top Wall Street analysts favor these five dividend stocks during tumultuous timesTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Cisco and Chesapeake Energy.
Fonte: NBCDFW - 🏆 288. / 63 Consulte Mais informação »

Top Wall Street analysts favor these five dividend stocks during tumultuous timesTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Cisco and Chesapeake Energy.
Fonte: NBCDFW - 🏆 288. / 63 Consulte Mais informação »