How Is 3M Expected To Perform In The Remainder Of The Year [Forbes]
Corning Incorporated (GLW)
Last corning incorporated earnings: 4/28 07:15 am
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Source: Forbes
The logo for 3M appears on a screen above the trading floor of the New York Stock Exchange, Tuesday, Oct. 24, 2017. (AP Photo/Richard Drew) 3M ‘s (NYSE: MMM) stock is down considerably this year, from its high of $259 towards the end of January to $212 currently. While the company has reported broad-based growth and has largely met consensus expectations, the revision of its earnings guidance, as well as factors such as the China-U.S. trade war have resulted in its stock price taking a beating. The company’s organic sales growth forecast has been reduced to between 3% to 4%, from 3% to 5%, and its earnings guidance has been cut from $10.20-$10.70 per share, stated at the beginning of the year, to $10.20 to $10.45, due to higher than expected costs, a soft automotive market, and the divestiture of its communications markets business. Looking ahead, Safety & Graphics is projected to continue its solid performance in the second half of the year, while geographical
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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