February 3, 2023

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3-month earnings missed by $0.09, earnings beat Investing.com estimates

©Reuters. 3M earnings missed by $0.09, earnings beat estimates

Investing.com — 3M (NYSE:MMM) reported fourth-quarter earnings per share of $2.28, down $0.09 from an analyst estimate of $2.37. Revenue for the quarter was $8.1 billion versus the consensus estimate of $8.06 billion.

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3M expects FY2023 earnings per share of $8.50 to $9.00 versus analyst consensus of $10.22.

3M stock price closed at $122.62. It is down -0.15% over the last 3 months and -29.43% over the last 12 months.

3M had 2 positive EPS revisions and 12 negative EPS revisions in the last 90 days. See 3M’s stock price’s past reactions to earnings here.

According to InvestingPro, 3M’s Financial Health Score is “good performance.”

View 3M and 3M financials here.

Keep up to date with all upcoming earnings reports by visiting Investing.com’s Earnings Calendar