3M Company (MMM) recently showcased robust
Q3 2024 earnings, impressing analysts and sending their stock skyrocketing. However, economic experts warn that recovery may be cyclical on account of ongoing
PFAS risks. Foundations Investment Advisors LLC and International Assets Investment Management LLC both significantly increased their holdings of 3M, buying hundreds of thousands of shares of the company. Outlooks for 3M are largely positive, with the firm showing strong EPS growth, raised guidance, and outperforming estimates for Q3 earnings. Q3 sales came as a surprise to some due to their higher than expected figures. However, despite solid earnings report, 3M shares experienced brief negativity before rebounding. The company’s dividend cut in 2024 resulted in a noteworthy 44% increase of the 3M stock. Furthermore, this industrial giant exhibited strong Q3 results and raised their overall 2024 earnings guidance. 3M, an innovator in safety solutions for natural disaster preparedness, has had its new Chief Financial Officer appointed. Lastly, the firm has required managers to return to the office for three days per week, marking a significant shift in its remote work policy.
3m Company MMM News Analytics from Tue, 06 Feb 2024 08:00:00 GMT to Sat, 26 Oct 2024 08:33:20 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 5
