前收市價 | 1.1900 |
開市 | 1.1500 |
買盤 | 1.1400 |
賣出價 | 2.7600 |
拍板 | 96.00 |
到期日 | 2024-05-10 |
今日波幅 | 1.0800 - 1.1900 |
合同範圍 | 無 |
成交量 | |
未平倉合約 | 17 |
3M (MMM) delivered earnings and revenue surprises of 14.90% and 4.71%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
3M said its dividend payout ratio is expected to be 40% of adjusted free cash flow, with a potential to increase over time following the spin off of its healthcare business. The company has benefited from steady price increases across categories, which have helped it offset inflation and slow demand in its electronics business. "We improved performance in our businesses through strong operational execution, completed the spin-off of Solventum, and finalized two major legal settlements," outgoing 3M CEO Mike Roman said.
U.S. industrial conglomerate 3M Co posted a 21% rise in quarterly profit on Tuesday as price hikes and cost cuts offset the impact from slow sales. 3M has hiked prices over the past two years and said last quarter it will continue to lean on price increases across categories to offset inflation and slow demand in its electronics business that makes optical films for smartphone and television displays. This helped the industrial conglomerate, along with cost cuts, to navigate the slow demand environment, particularly in markets such as China.