3M also said it expects sales of between $30.2 billion and $31.5 billion in 2012 and operating margins of between 21% and 22.5%. Analysts expect 2012 profit from 3M of $6.31 a share on sales of $30.6 billion.
A recent report from Jefferies said 3M is offsetting headwinds from adjustments to inventory with new product sales in bioplastics, ultra light transportation materials and low leakage water systems, among other areas.
Jefferies analysts called 3M's 2012 outlook "conservative" based on "the assumption that the downstream inventory adjustments that started in June persist through [first quarter 2012] and global industrial production grows 1%-2%." For the latest updates on the stock market, visit Stock Market Today
3M stock prices predictions 2012, will 3M stock 2012, 3m Net profit estimated 2012, Analysts expect 2012 profit from 3M, 3m shares prices predictions 2012, 3M's 2012 outlook, 2012 3m earnings per share For the latest updates PRESS CTR + D or visit Stock Market news Today
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