Is 3M About to Cut Guidance?
3M (NYSE: MMM) reports earnings later this month. Investors should prepare themselves for what could be a disappointing report, and it's fair to say that the company needs to convince investors it's on the right track after a difficult year. That said, there are also some positives out there, not least raw material cost moderation and some signs of better pricing power. So let's take a close look at the three things investors need to look out for.
While it's never a good idea to be overly focused on one quarter's earnings, it's a fact that 3M has had a hard time meeting its guidance in recent years. So any more disappointments can't just be written off as being just one bad quarter.
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Source Fool.com
