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- Company news: 3M (MMM) quarterly results exceed analysts’ expectations
Ekonomické zprávy
22.10.2024
Company news: 3M (MMM) quarterly results exceed analysts’ expectations
3M (MMM) reported Q3 FY2024 earnings of $1.98 per share (versus $2.60 per share in Q3 FY2023), beating analysts’ consensus estimate of $1.90 per share.
The company’s quarterly revenues amounted to $6.294 bln (-24.3% y/y), beating analysts’ consensus estimate of $6.060 bln.
The company also narrowed FY2024 EPS guidance to $7.20-$7.30 from $7.00-$7.30 versus analysts’ consensus estimate of $7.26.
MMM rose to $140.30 (+4.05%) in pre-market trading.
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