3M Reports Second-Quarter 2018 Results

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3M (MMM) PT Raised to $234 at RBC Capital

July 25, 2018 7:24 AM EDT

RBC Capital raised its price target on 3M (NYSE: MMM) to $234.00 (from $233.00) while maintaining an Outperform rating.

Analyst Deane Dray noted solid pricing and organic growth in Q2 and the guidance trimming was uneventful.

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3M Co. (MMM) Tops Q2 EPS by 1c

July 24, 2018 7:31 AM EDT

(Updated - July 24, 2018 7:33 AM EDT)

3M Co. (NYSE: MMM) reported Q2 EPS of $2.59, $0.01 better than the analyst estimate of $2.58. Revenue for the quarter came in at $8.4 billion versus the consensus estimate of $8.37 billion.

3M now expects its adjusted 2018 earnings to be... More