3M Co. (MMM) Misses Q4 EPS by 9c; Guides FY23 Below Views, To Cut 2,500 Jobs
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Price: $174.74 +1.97%
Financial Fact:
Net income attributable to 3M: 1.33B
Today's EPS Names:
FNLC, LSBK, OVLY, More
Financial Fact:
Net income attributable to 3M: 1.33B
Today's EPS Names:
FNLC, LSBK, OVLY, More
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3M Co. (NYSE: MMM) reported Q4 EPS of $2.28, $0.09 worse than the analyst estimate of $2.37. Revenue for the quarter came in at $8.1 billion versus the consensus estimate of $8.06 billion.
The company will reduce approximately 2,500 global manufacturing roles.
GUIDANCE:
3M Co. sees FY2023 EPS of $8.50-$9.00, versus the consensus of $10.22. Sees -6 to -2 percent adjusted total sales growth
For earnings history and earnings-related data on 3M Co. (MMM) click here.
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