3M to cut 6,000 roles globally as weak consumer electronics demand bites
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3M Co. (MMM) Q1: strong quarter, in-line guidance, 6,000 new job cuts
April 25, 2023 7:18 AM EDT3M Co. (NYSE: MMM) reported its financial results for Q1 2023 today, as well as announced several major operational updates.
For Q1, the company posted EPS of $1.97, $0.39 ahead of the analyst estimate of $1.58, with revenue also topping expectations at $8B vs estimate of $7.48B.
MMM provided FY 2023 guidance with EPS of $8.50-$9.00, versus the... More
