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3M Co. (MMM) Misses Q3 EPS by 9c; Cuts FY11 Outlook

October 25, 2011 7:31 AM
3M Co. (NYSE: MMM) reported Q3 EPS of $1.52, $0.09 worse than the analyst estimate of $1.61. Revenue for the quarter came in at $7.53 billion versus the consensus estimate of $7.78 billion.

3M Co. sees FY2011 EPS of $5.85-$5.95, versus prior guidance of $6.10-$6.25 and the consensus of $6.16.

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