3M Aktie
WKN: 851745 / ISIN: US88579Y1010
23.01.2024 13:16:17
|
3M Issues Q1 & FY24 Guidance; Stock Plunges
(RTTNews) - 3M (MMM) announced, for fiscal 2024, the company estimates: adjusted earnings per share in a range of $9.35 to $9.75; adjusted total sales growth in the range of 0.25 to 2.25 percent; and adjusted organic sales to be flat to up 2%. Analysts polled by Thomson Reuters expect the company to report profit per share of $9.81. Analysts' estimates typically exclude special items.
For the first quarter, the company expects: adjusted earnings per share in a range of $2.00 to $2.15; and adjusted sales of approximately $7.6 billion. Analysts expect the company to report profit per share of $2.22.
The company noted that the pending spin of the Health Care business remains on track for first half 2024.
Fourth quarter net income attributable to company was $945 million compared to $541 million, previous year. GAAP earnings per share was $1.70 compared to $0.98, prior year. Adjusted EPS was $2.42, up 11% from a year ago. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $2.31, for the quarter.
Fourth quarter sales were $8.0 billion, down 0.8 percent year-on-year, with organic sales decline of 1.9 percent year-on-year. Adjusted sales were $7.7 billion, down 0.3 percent year-on-year with adjusted organic sales decline of 1.4 percent year-on year. Analysts on average had estimated $7.7 billion in revenue.
Shares of 3M are down 5% in pre-market trade on Tuesday.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu 3M Co.mehr Nachrichten
22.07.25 |
Pluszeichen in New York: Dow Jones zum Handelsende im Aufwind (finanzen.at) | |
22.07.25 |
Starker Wochentag in New York: Börsianer lassen Dow Jones nachmittags steigen (finanzen.at) | |
22.07.25 |
Dow Jones aktuell: So steht der Dow Jones mittags (finanzen.at) | |
21.07.25 |
Börse New York in Grün: Dow Jones nachmittags mit Kursplus (finanzen.at) | |
21.07.25 |
Montagshandel in New York: Das macht der Dow Jones am Montagmittag (finanzen.at) | |
21.07.25 |
Gewinne in New York: Dow Jones beginnt Montagshandel im Plus (finanzen.at) | |
18.07.25 |
NYSE-Handel Dow Jones legt zum Ende des Freitagshandels den Rückwärtsgang ein (finanzen.at) | |
18.07.25 |
3M-Aktie verliert: Prognose für das Gesamtjahr angehoben (dpa-AFX) |
Analysen zu 3M Co.mehr Analysen
Aktien in diesem Artikel
3M Co. | 129,88 | 0,73% |
|