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3M (MMM) Heads Lower on Lackluster Q3, Guidance

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3M Co. (MMM) Reports In-Line Q3 EPS; Cuts FY12 EPS Outlook

October 23, 2012 7:31 AM EDT

3M Co. (NYSE: MMM) reported Q3 EPS of $1.65, in-line with the analyst estimate of $1.65. Revenue for the quarter came in at $7.5 billion versus the consensus estimate of $7.63 billion.

Sees FY2012 EPS of $6.30-6.38, versus prior guidance of $6.35-6.50 and the consensus of $6.40.... More