首页
登录
职称英语
[originaltext] Diversified manufacturer 3M Co. warned Friday that its result
[originaltext] Diversified manufacturer 3M Co. warned Friday that its result
游客
2023-12-29
8
管理
问题
Diversified manufacturer 3M Co. warned Friday that its results would miss expectations because of weaker-than-expected demand for optical film used in liquid crystal displays (LCD).
Companies from manufacturers to retailers had expected a burst of orders for LCD flat-panel televisions ahead of the World Cup soccer games, but 3M said demand did not meet those hopes.
The warning was the latest sign of trouble in the LCD marketplace and pulled down the shares of other players, including LG. Philips LCD Co.
3M said it expected to report second-quarter sales of about $5.7 billion. Analysts had expected the company to report sales of $5.72 billion, according to Reuters Estimates.
The company expects to earn $1.14 to $1.17 a share in the second quarter. For the year, 3M said it expected to earn $4.55 to $4.65 a share.
On average, analysts expected the company to report per-share earnings of $1.17 for the quarter and $4.67 for the year.
The company said the whole electronics industry had "overestimated demand for LCD televisions in anticipation of the FIFA World Cup." That resulted in rising inventory levels, especially for desktop monitors, 3M said, and had "significantly impacted" sales of its optical films.
3M, also known for its Scotch tape and Post-it notes, said the marketwide weakness in demand was aggravated internally by higher-than-expected costs as the company increased the outputs.
The shares of 3M fell 9.6% on Friday after the profit warning.
选项
A、The shares of 3M fell 9.16% on Tuesday.
B、The shares of 3M fell 9.16% on Friday.
C、The shares of 3M fell 9.6% on Tuesday.
D、The shares of 3M fell 9.6% on Friday.
答案
D
解析
转载请注明原文地址:https://www.tihaiku.com/zcyy/3316136.html
相关试题推荐
[originaltext]Afewyearsago,myhusbandandImovedfromCaliforniatoWh
[originaltext]Afewyearsago,myhusbandandImovedfromCaliforniatoWh
[originaltext]Afewyearsago,myhusbandandImovedfromCaliforniatoWh
[originaltext]Travelersarebookinghotelroomsincitiesclosertohometh
[originaltext]Inthe1940s,urbanAmericansbeganamassmovetothesuburb
[originaltext]Inthe1940s,urbanAmericansbeganamassmovetothesuburb
[originaltext]Inthe1940s,urbanAmericansbeganamassmovetothesuburb
Whichofthefollowingcanbestdescribehissituation?[br][originaltext]Hew
Whichofthefollowingcanbestdescribehissituation?[br][originaltext]Hew
Whichofthefollowingcanbestdescribehissituation?[br][originaltext]Hew
随机试题
ThesymptomsofAlzheimer’sdiseasewerelongdismissedasnormalconsequenc
财务分析指标的局限性包括()。A.财务指标的计算口径不一致 B.财务指标的比
以下关于SRAM(静态随机存储器)和DRAM(动态随机存储器)的说法中,正确的是
关于工程项目质量管理体系的描述,不正确的是:()。A.三方协同的质量控制体系
单纯性肾病综合征首选治疗措施为:()A.肾上腺皮质激素治疗 B.利
根据森林资源资产经营管理形式,可以将其划分为公益性森林资源资产和经营性森林 资
关于买入套期保值操作,正确的是()。A、买入套期保值又称空头套期保值 B、买
用已知的病毒或病毒抗原,可以测知病人体内中和抗体的存在及其效价,这项指标可以反映
3,4,6,12,36,()A.8 B.72 C.108 D.
2020年全国农民工总量28560万人,下降1.8%,其中,外出农民工16959
最新回复
(
0
)