Can China Drive Growth For 3M In The Second Quarter? [Forbes]
Corning Incorporated (GLW)
Last corning incorporated earnings: 4/28 07:15 am
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Source: Forbes
Jul 20, 2018, 12:46pm #MarketMoves 3M products are available for purchase through distributors and retailers in more than 200 countries. (Photo credit Karen Bleier/AFP/Getty Images) 3M ‘s (NYSE: MMM) stock is down considerably in the past six months, wiping out all of its gains of the latter half of 2017. While there were expectations for a really strong first quarter, and the company did deliver broad-based growth, its stock plunged in the aftermath, with the primary reason for this being the guidance revision. The organic sales growth was restated to be between 3% and 4%, from 3% and 5% earlier, resulting in a change in the adjusted earnings guidance to $10.20 to $10.55 per share versus a prior expectation of $10.20 to $10.70 per share. Higher than expected costs and a soft automotive market are the main contributing factors to the weaker outlook. The company is due to report its second quarter results on July 24,
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GLW
News
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GLW
Earnings
- 1/30/24 - Miss
GLW
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- GLW's page on the SEC website