3M Reports Fourth-Quarter and Full-Year 2019 Results; Implements New Global Operating Model and Streamlined Structure; Provides Full-Year 2020 Guidance

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Go back to 3M Reports Fourth-Quarter and Full-Year 2019 Results; Implements New Global Operating Model and Streamlined Structure; Provides Full-Year 2020 Guidance

3M Co. (MMM) Misses Q4 EPS by 15c, Offers Guidance, Initiates Restructuring

January 28, 2020 6:33 AM EST

3M Co. (NYSE: MMM) reported Q4 EPS of $1.95, $0.15 worse than the analyst estimate of $2.10. Revenue for the quarter came in at $8.1 billion versus the consensus estimate of $8.12 billion.

GUIDANCE:

3M Co. sees FY2020 EPS of $9.30-$9.75, versus the consensus of... More