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via seekingalpha.comBusiness & Companies

3M beats estimates as profit margins expand and full-year outlook improves

FROM THE WIRE · SEEKINGALPHA.COM

[3M World Headquarters] wellesenterprises/iStock Editorial via Getty Images 3M (MMM [https://seekingalpha.com/symbol/MMM]) reported [https://seekingalpha.com/news/4654482-3m-non-gaap-eps-of-2_50-beats-by-0_12-revenue-of-6_6b-misses-by-10m] better-than-expected third-quarter…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings above estimates and a raised outlook are relevant for the 3M stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 013M reported third-quarter earnings above estimates, helped by organic sales, productivity and margins.
  2. 02The company raised its full-year earnings outlook.
  3. 03Third-quarter sales were $6.6 billion, in line with consensus.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
3M CompanyMMMStock162.08 USDMarket closedtoday -1.62%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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