"Economic Barometer" 3M Company maintains earnings expectations while warning of tariff risks.

robot
Abstract generation in progress

Jin10 data April 22 news, American industrial group 3M maintains its full-year performance guidance while acknowledging that the ongoing trade war has brought new risks. On Tuesday, the company stated in its first-quarter earnings announcement that tariffs could have a negative impact of up to 40 cents per share on full-year earnings. However, 3M maintained its expectation of adjusted earnings per share of $7.60 to $7.90 for 2025. 3M is considered a barometer of the economy because it has thousands of consumer and industrial products, allowing it to have broad exposure to various sectors of the economy. After the earnings announcement, 3M (MMM.N) initially fell 2% in pre-market trading but then reversed the decline, now rising nearly 3%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
GateUser-9451f718vip
· 04-22 11:32
1000x Vibes 🤑
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)