Etfs Pacer Sean O’Hara, President of President Donald Trump’s tariff affects the markets on “Morning with Maria”.
3M Co. Tuesday Wall Street Profit expectations in the first quarter to reduce costs, raising his shares by 7 % even when she warned of a possible star to 2025 profits of trade tensions.
Bill Brown, who succeeded Mike Roman as an executive president in May, developed a restructuring plan in July, focusing on curbing money spending and redirecting from legal obligations.
In February, 3M said it was targeting an operating margin of about 25 % by 2025. In the first quarter, the modified operating income margin was 23.5 %, an increase of 220 basis points.
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A 3m banner in Saint -Paul, Minnesota. (Reuters photos / Nicholas Fossi / Reuters)
Minnesota -based 3M expects a potential success related to a 20 -cents tariff to 40 cents per share on the amended profit forecast for 2025 from 7.60 dollars to $ 7.90, taking into account the growing global trade tensions.
US President Donald Trump Definitions have raised concerns about the economic slowdown and the decline in consumer morale, which may affect sales of 3M products, including the iconic Scotch tape and after that. China formed about 10 % of the company’s global revenues, as of March.
President Donald Trump makes notes on mutual definitions during an event at the White House in Washington, DC, on April 2, 2025. (Brendan Smaliowski/AFP via Getty Images)
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| I i | 3m | 126.09 | -4.12 |
-3.16 % |
At the current rates, you expect $ 850 million in the potential annual impact of definitions before the exemptions, which we have China’s tariff The Mahaishwari financial manager includes 675 million dollars.
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On Tuesday, 3M won Wall Street’s expectations for profits in the first quarter to reduce costs. (Reuters photos / Mario Anzuni / Reuters)
3M also said it plans to take advantage of its network to alleviate the costs of customs tariffs.
“We ship products from the United States to China, which we can also ship from Europe to China, and may reach the folder in the United States towards factories in Europe,” said CEO Brown at The Call.
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The industrial giant recorded an average profit in the first quarter of $ 1.88 per share, which is higher than the average analyst of $ 1.77, according to the data collected by LSEG.
Benefit from 2.5 % growth in sales in its safety and Industrial sector. The total net sales of $ 5.78 billion, higher than expectations of $ 5.75 billion.
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