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Stock impact report

S&P 500 Profit Beats Draw Worst Stock Price Reaction on Record [Yahoo! Finance Canada]

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
(Bloomberg) -- S&P 500 companies are handily beating earnings estimates, yet unimpressed investors are delivering the worst share-price reactions on record as the outlook for 2026 turns murky. While it's still early days, data compiled by Bloomberg Intelligence show about 81% of S&P 500 firms have beaten fourth-quarter profit expectations so far. However, their shares have trailed the benchmark by an average of 1.1 percentage points — the worst relative performance across data going back to 2017. Most Read from Bloomberg Among the stocks that underwhelmed, 3M Co.'s shares fell 7% on Tuesday even as the company topped profit estimates, with investors focusing instead on a glum forecast. State Street Corp. dropped 6.1% as a dimmer net interest income outlook overshadowed better-than-expected quarterly results. Netflix Inc. also declined about 6% in premarket trading Wednesday after a disappointing outlook. The trend emphasizes just how high the stakes are for corporate earnings Show less Read more
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