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3M earnings missed by $0.09, revenue topped estimates By Investing.com

by Index Investing News
January 24, 2023
in Financial
Reading Time: 1 min read
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© Reuters. 3M earnings missed by $0.09, revenue topped estimates

Investing.com – 3M (NYSE: MMM) reported fourth quarter EPS of $2.28, $0.09 worse than the analyst estimate of $2.37. Revenue for the quarter came in at $8.1B versus the consensus estimate of $8.06B.

Guidance

3M sees FY 2023 EPS of $8.50-$9.00 versus the analyst consensus of $10.22.

3M’s stock price closed at $122.62. It is down -0.15% in the last 3 months and down -29.43% in the last 12 months.

3M saw 2 positive EPS revisions and 12 negative EPS revisions in the last 90 days. See 3M’s stock price’s past reactions to earnings here.

According to InvestingPro, 3M’s Financial Health score is “good performance”.

Check out 3M’s , and 3M’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar



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Tags: EarningsEstimatesInvestingcomMissedRevenuetopped
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