3M Reports First-Quarter 2019 Results; Company Initiates Restructuring
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3M (MMM) PT Lowered to $208 at Credit Suisse
April 26, 2019 7:23 AM EDTCredit Suisse analyst John Walsh lowered the price target on 3M (NYSE: MMM) to $208.00 (from $220.00) while maintaining a Outperform rating following the company's 1Q earnings report. 3M reported adjusted EPS of $2.23, below consensus of $2.49. China, Automotive, and Electronics drove a 1.1% decline in organic revenue.... More
3M Co. (MMM) Misses Q1 EPS by 26c; Lowers Outlook, Initiates Restructuring
April 25, 2019 6:31 AM EDT3M Co. (NYSE: MMM) reported Q1 EPS of $2.23, $0.26 worse than the analyst estimate of $2.49. Revenue for the quarter came in at $7.9 billion versus the consensus estimate of $8.02 billion.
Announced company realignment from five to four business groups effective April... More
