** Shares of 3M MMM.N falling 3.8% on Mon amid a broader selloff ahead of qtrly report due before market open on Tues
** Industrial conglomerate is expected to report adj EPS of $1.77, a 26.1% yr/yr decline, on rev of $5.76 bln vs $7.72 bln in Q1 2024, a 25.5% 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 Feb 26, MMM said it would return at least $10 bln in cash to shareholders and targeted an operating margin of about 25% by 2027 due to restructuring under Bill Brown, the co's new CEO
** Of 19 analysts covering 3M, 12 rate stock "buy" or stronger, 5 recommend "hold," and 2 say "sell"; median PT of $155 versus current price of $125.28 - LSEG
** Options imply a 7.1% swing in either direction for MMM shares by Fri; that's exactly in line with the stock's average post-earnings move on the day of results over past eight quarters, according to Trade Alert
** So far in 2025, MMM has dropped ~3% vs the Dow's .DJI ~10.7% decline and S&P 500 Industrials .SPLRCI near 9% fall over the same time period
(Reporting by Stephen Culp; Additional reporting by Saqib Ahmed)
((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。