3M Earnings Are Coming. There Is a Lot to Discuss.

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.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta, Amazon Earnings Put Stock Market to the TestA slide in Tesla shares suggests traders have little patience for disappointing results
Source: WSJ - 🏆 98. / 63 Read more »

Nasdaq 100, S&P 500 Weekly Forecast: Alphabet, Microsoft and Amazon Earnings EyedCorporate earnings from tech mega-caps Alphabet, Microsoft, and Amazon could guide market sentiment and set the trading tone for the S&P 500 and Nasdaq 100 in the coming week.
Source: DailyFX - 🏆 305. / 63 Read more »

Earnings playbook: How to trade a busy week of reports from companies including Microsoft and MetaBig Tech takes center stage in what could be a make-or-break week for S&P 500 earnings.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street week ahead: Amazon, Microsoft, Boeing earnings and rising bond yieldsInvestors are staring down a big week for corporate earnings with reports due from Amazon, Microsoft and Google, as well as Ford and GM with the UAW strike against the automakers dragging on.
Source: FoxBusiness - 🏆 458. / 53 Read more »

The week ahead: Bond yields and earnings reportsThe 10-year US Treasury yield continues its march towards 5%, the yield surged by 30 basis points last week, which triggered a decline in risky assets
Source: FXStreetNews - 🏆 14. / 72 Read more »

Stock futures edge higher on Sunday night as Wall Street awaits big tech earnings: Live updatesStock futures ticked higher on Sunday night, ahead of a big week of earnings reports and key economic data releases.
Source: NBCNewYork - 🏆 270. / 63 Read more »