3M Issues Q1 & FY24 Guidance; Stock Plunges

From RTTNews:

3M (MMM) has provided its fiscal 2024 financial estimates, with adjusted earnings per share projected to be between $9.35 to $9.75. The company anticipates adjusted total sales growth to be within 0.25 to 2.25 percent, and adjusted organic sales to be flat to up 2%. Analysts are expecting a lower profit per share of $9.81, according to Thomson Reuters.



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