Morgan Stanley Maintains Equal-Weight on 3M, Raises Price Target to $194
Morgan Stanley analyst Jashua Pokrzywinski maintains 3M (NYSE:MMM) with a Equal-Weight and raises the price target from $193 to $194.
3M Q3 Earnings Top Street View, Trims FY21 EPS Outlook
3M Co (NYSE:MMM) reported third-quarter FY21 net sales growth of 7.1% year-over-year to $8.94 billion, +6.3% on an Organic local-currency basis,…
Recap: 3M Q3 Earnings
3M (NYSE:MMM) reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
3M beat their estimated earnings by 11.36%, which surprised analysts.
3M Q3 EPS $2.45 Beats $2.20 Estimate, Sales $8.90B Beat $8.67B Estimate
3M (NYSE:MMM) reported quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $2.20 by 11.36 percent. This is a 0.82 percent increase over earnings of $2.43 per share from the same period last
Earnings Scheduled For October 26, 2021
Companies Reporting Before The Bell
• Veoneer (NYSE:VNE) is likely to report quarterly loss at $0.83 per share on revenue of $408.69 million.
3M Reaches Agreement To Address PFAS With Several Parties Near Decatur, Ala.
3M has reached a collaborative agreement to resolve ongoing litigation and negotiations related to per- and polyfluoroalkyl substances (PFAS) near 3M's Decatur, Ala. facility with parties including
Benzinga’s Bulls And Bears Of The Past Week: Amazon.com, GE, GM, Intel, 3M And More
Benzinga has examined the prospects for many investor favorite stocks over the past week.
Last week's bullish calls included a Detroit automaker and a retailer "firing on all cylinders."
Analyst Ratings For 3M
Over the past 3 months, 9 analysts have published their opinion on 3M (NYSE:MMM) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
