Company news: 3M (MMM) quarterly results beat analysts’ forecasts

3M (MMM) reported Q2 FY2023 earnings of $2.17 per share (versus $2.48 per share in Q2 FY2022), beating analysts’ consensus estimate of $1.73 per share.

The company’s quarterly revenues amounted to $7.993 bln (-8.1% y/y), beating analysts’ consensus estimate of $7.875 bln.

MMM rose to $106.83 (+2.46%) in pre-market trading.