3M, under new CEO Bill Brown, plans for growth post-restructuring, despite recent revenue drop.

3M, under new CEO Bill Brown, is expected to see long-term growth following recent restructuring efforts. The company's upcoming Investor Day on February 26 will detail Brown's strategic vision, focusing on organic growth and operational improvements. Despite a 24.3% year-over-year drop in Q3 revenue, 3M beat earnings estimates and saw margin improvements. With a mix of new investments and previous restructuring, 3M aims for sustained growth, though it faces a mixed analyst sentiment with a "Moderate Buy" consensus.

2 months ago
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