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.
Read more: 3M Issues Q1 & FY24 Guidance; Stock Plunges