Equifax Falls, Danaher Tumbles, 3M Rises as Turnaround Plan Gathers Pace
About this episode
This episode discusses the stock performance of Equifax, Danaher, and 3M based on their recent earnings reports and forecasts.
On this episode of Stock Movers: -Equifax (EFX) shares fall after the company lowered the top end of its adjusted earnings per share forecast for the full year and lifted the bottom end of the guide. The midpoints of the new guidance for the third quarter and full fiscal year are below analyst estimates. Citi Bank analyst Arthur Truslove notes that “the guide being below consensus for 3Q26E will mean the shares move slightly negatively.” -Danaher (DHR) shares sink. The life sciences firm gave core revenue growth guidance for the third quarter that fell short of the average analyst estimate. -3M (MMM) shares rise. 3M Co. topped Wall Street’s profit expectations and raised its full-year outlook, a sign that the conglomerate’s slow-and-steady turnaround effort is proceeding despite broader economic volatility. The company had adjusted earnings of $2.40 a share in the second quarter, beating the $2.25 expected on average by analysts, and expects adjusted total sales growth in excess of 4.5%. See omnystudio.com/listener for privacy information.
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