3M beats Q3 estimates, narrows full-year earnings guidance; shares climb

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

3M beats Q3 estimates, narrows full-year earnings guidance; shares climb

The company posted earnings per share of $1.98, beating the consensus estimates of $1.90. The company generated $6.1 billion in revenue, also above the projected $6.06 billion.3M reported a negative operating cash flow of $1.8 billion, larger than the estimated negative $1.57 billion.

For the full year, 3M now expects adjusted EPS from continuing operations between $7.20 and $7.30, tightening its previous forecast of $7 to $7.30, and compared to analysts estimates of $7.30.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines