3M Co. (MMM) Tops Q4 EPS by 3c
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3M Reports Fourth-Quarter and Full-Year 2015 Results
January 26, 2016 7:30 AM ESTFourth-Quarter Highlights:
Sales of $7.3 billion; GAAP EPS of $1.66, includes restructuring charge of $0.14 GAAP operating income margins of 20.5 percent; 22.1 percent excluding restructuring Free cash flow conversion of 182 percent Returned $1.8 billion to shareholders via dividends and gross share repurchasesFull-Year Highlights:
Sales of $30.3 billion; GAAP EPS of $7.58, includes restructuring charge of $0.14 GAAP operating income margins of 22.9 percent; 23.3 percent excluding restructuring Free cash flow conversion of 103 percent; return on invested... More