3M Tops Fourth-Quarter Profit and Sales Expectations

The video discusses the stock performance of 3M, highlighting its rise despite a broader industrial sell-off. It examines 3M's revised 2019 guidance, noting the challenges in the automotive and electronics markets. The new CEO's role in adjusting forecasts is considered, alongside the company's limited forward visibility. The video also explores discrepancies in 3M's earnings reporting, including gains from divestitures, and changes in guidance parameters.

Why is the new CEO's role significant in the context of 3M's guidance adjustments?

What discrepancies were noted in 3M's fourth quarter earnings report?