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

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

3M Reports Second-Quarter 2018 Results

July 24, 2018 7:30 AM EDT

Second-Quarter Highlights:

Sales of $8.4 billion, up 7.4 percent year-on-year Organic local-currency sales growth of 5.6 percent; growth in all business groups and all geographic areas GAAP EPS of $3.07 vs. $2.58 last year, up 19 percent year-on-year Q2 2018 earnings includes a $0.48 per share benefit from divestiture gain, net of related restructuring actions Q2 2017 earnings included a $0.33 per share benefit from divestiture gain, partially offset by portfolio and footprint investments Returned $2.4 billion to shareholders via dividends and gross share... More