3M Company (MMM) is witnessing significant investor attention, exhibiting strength amid financial fluctuations. Despite a historic dividend cut, MMM's stock is still considered worth buying by many. There's a relatively strong operational performance driving 1Q2024 results and upward full-year 2024 guidance initiation. Furthermore, MMM witnesses EPS surpass expectations despite a slight decline in sales. In attempts to attract investors, 3M plans to spin-off its healthcare business, Solventum, and anticipates substantial improvements via this strategic move. Earnings surpassed estimates attributing to improved electronics demand and the potential for a turn-around as the company advances on strategic growth initiatives.
3m Company MMM News Analytics from Thu, 16 Nov 2023 08:00:00 GMT to Thu, 09 May 2024 10:24:18 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor 4
