3M Co. (MMM) Tops Q1 EPS by 39c, Revenue Beats

3M Co. (NYSE: MMM) reported Q1 EPS of $1.97, $0.39 better than the analyst estimate of $1.58. Revenue for the quarter came in at $8 billion versus the consensus estimate of $7.48 billion.

GUIDANCE:

3M Co. sees FY2023 EPS of $8.50-$9.00, versus the consensus of $8.60.

Sees -6 to -2 percent adjusted total sales growth^, reflecting adjusted organic sales growth^ of -3 percent to flat.

For earnings history and earnings-related data on 3M Co. (MMM) click here.

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