3M Co (NYSE:MMM) to report Q1 earnings on Tuesday before market opens. Expected EPS $1.77, revenue $5.76B. Stock down 1.43% YTD, analysts see 15% upside.
3M offers an annual dividend yield of 2.24%. That's a quarterly dividend of 73 cents per share ($2.92 a year). So, how can investors exploit its dividend yield to pocket a regular $500 monthly
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the general industrial machinery industry, including Columbus McKinnon (NASDAQ:CMCO) and its peers.
Let’s dig into the relative performance of Icahn Enterprises (NASDAQ:IEP) and its peers as we unravel the now-completed Q4 general industrial machinery earnings season.
Today's Research Daily features new research reports on 16 major stocks, including Apple Inc., Philip Morris International Inc., and Sony Group Corp., as well as a micro-cap stock, Vaso Corp.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Albany (NYSE:AIN) and its peers.
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This added layer of uncertainty reminded investors that the global trade environment remained volatile, limiting the potential for sustained market gains.
The Industrial Select Sector SPDR Fund declined 2.2% Thursday morning. Investors moved to lock in profits despite a surprisingly soft inflation report that reinforced Wednesday's bullish macro shift.
3M has been treading water for the past six months, recording a small return of 2.2% while holding steady at $136.46. However, the stock is beating the S&P 500’s 7.7% decline during that period.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at general industrial machinery stocks, starting with Dover (NYSE:DOV).
While the Dow Jones represents industry leaders, not every stock in the index is a safe bet.
Some are facing headwinds like declining demand, rising costs, or disruptive new competitors.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how 3M (NYSE:MMM) and the rest of the general industrial machinery stocks fared in Q4.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at L.B. Foster (NASDAQ:FSTR) and its peers.
