• Company News: 3M (MMM) quarterly earnings beat analysts’ forecast

Market news

27 October 2020

Company News: 3M (MMM) quarterly earnings beat analysts’ forecast

3M (MMM) reported Q3 FY 2020 earnings of $2.43 per share (versus $2.72 per share in Q3 FY 2019), beating analysts’ consensus estimate of $2.27 per share.

The company’s quarterly revenues amounted to $8.350 bln (+4.5% y/y), roughly in line with analysts’ consensus estimate of $8.380 bln.

MMM rose to $166.83 (+0.40%) in pre-market trading.

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