3M Co. (MMM) Tops Q2 EPS by 2c; Trims FY15 EPS Midpoint Outlook
Get Alerts MMM Hot Sheet
Price: $91.94 +0.50%
Revenue Growth %: -7.3%
Financial Fact:
Total operating expenses: 5.81B
Today's EPS Names:
MAXN, CSTR, ACU, More
Revenue Growth %: -7.3%
Financial Fact:
Total operating expenses: 5.81B
Today's EPS Names:
MAXN, CSTR, ACU, More
Join SI Premium – FREE
3M Co. (NYSE: MMM) reported Q2 EPS of $2.02, $0.02 better than the analyst estimate of $2.00. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.83 billion.
3M Co. sees FY2015 EPS of $7.80-$8.00, versus prior guidance of $7.80-$8.10 and the consensus of $7.90.
3M continues to expect that foreign currency translation will reduce 2015 sales by 6 to 7 percent. The company also anticipates that full-year free cash flow conversion will be in the range of 90 to 100 percent.
For earnings history and earnings-related data on 3M Co. (MMM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- American Express (AXP) down despite beating Q1 estimates on top and bottom lines
- Senesco Technologies, Inc. (SNT) Reports Q1 EPS of $0.02
- Benchmark on Take-Two's (TTWO) GTV 6 Release: 'we anticipate that the game will not be released within the fiscal year and expect it to launch in fiscal 2026 instead'
Create E-mail Alert Related Categories
Earnings, Guidance, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!