CORRECTED-UPDATE 1-Mask-maker 3M suspends 2020 outlook on broader demand doubts [Reuters]
3M Company (MMM)
Last 3m company earnings: 4/28 06:30 am
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Source: Reuters
Mask-maker 3M suspends 2020 outlook on broader demand doubts (Reuters) - U.S. manufacturer 3M Co ( MMM.N ) suspended its 2020 financial forecast on Tuesday due to the economic uncertainties caused by the coronavirus pandemic, while reporting better-than-expected quarterly profit as it doubled production of N95 respiratory masks. The company is the world’s biggest maker of the masks and has seen demand spiral as the outbreak spread to a host of major economies, putting 3M at the heart of a tug-of-war over supplies for doctors, nurses and other exposed workers. In January the company said it was doubling its global output of N95 respirator masks, designed to filter 95% of airborne particles, to 1.1 billion annually. Under White House pressure, Minnesota-headquartered 3M also reached an agreement earlier this month to import 166.5 million N95 respirators to the United States from China and allow it to continue exporting its US-made respirators. The worldwide lockdowns, however, are ham
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News
- 3M (NYSE:MMM) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- Scotch Brand partners with Ego Nwodim to inspire joyful holiday giftingPR Newswire
- 3M Announces Upcoming Investor EventPR Newswire
- A Look Back at General Industrial Machinery Stocks' Q3 Earnings: 3M (NYSE:MMM) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
- 3M (NYSE:MMM) had its price target raised by analysts at Wolfe Research from $187.00 to $197.00. They now have an "outperform" rating on the stock.MarketBeat
MMM
Earnings
- 10/21/25 - Beat
MMM
Sec Filings
- 12/3/25 - Form 4
- 11/14/25 - Form 4
- 11/14/25 - Form 4
- MMM's page on the SEC website