RPT-BUZZ-PREVIEW: 3M seen posting 31% year-on-year EPS plunge

Reuters
01-21

(Repeats from Friday with no changes to text)

** Shares of 3M up 1.2% on Fri amid a broader rally ahead of qtrly report due before market open on Tues; stock market closed Monday in observance of Martin Luther King Day

** Industrial conglomerate is expected to report adj EPS of $1.66, a 31.1% yr/yr decline, on rev of $5.78 bln vs $7.69 bln in year-ago qtr, a 24.9% drop, according to LSEG data

** Co has beaten or met EPS estimates for all but one of eight most recent qtrs - last miss was Q4 2022, per LSEG

** On Oct 22, MMM hiked its full-year profit forecast after solid demand for its roofing material, industrial adhesives and electronics equipment helped the co beat qtrly profit estimates

** Of 19 analysts covering 3M, 11 rate stock "buy" or stronger, 6 recommend "hold," and 2 say "sell"; median PT of $146 versus current price of $140.88 - LSEG

** So far in 2025, MMM has advanced ~9% vs the Dow's ~2.5% gain and S&P 500 Industrials near 5% rise over the same time period

(Reporting by Stephen Culp)

((stephen.culp@thomsonreuters.com; 646-223-6076;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10