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Stock impact report

MMM's Q1 Earnings Surpass Estimates, Revenues Decrease Y/Y [Yahoo! Finance]

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
Company Research Source: Yahoo! Finance
It's worth noting that in April 2024, the company completed the spin-off of its Healthcare business into a separate public company. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) 3M delivered adjusted earnings of $1.88 per share, which surpassed the Zacks Consensus Estimate of $1.77. The company reported earnings of $1.71 per share in the year-ago quarter. The company reported net revenues of $5.95 billion in the quarter. The metric decreased 1% year over year. Organic sales decreased 0.3%. Foreign currency translation had a negative impact of 1.7% while acquisitions/divestitures boosted the top line by 1%. MMM's adjusted revenues of $5.78 billion missed the consensus estimate of $5.79 billion. On an adjusted basis, revenues increased 0.8% year over year. Region-wise, organic sales in the Americas inched up 1.7% year over year while Asia Pacific organic sales decreased 0.7%. Organic sales from businesses in Europe, the Middle East and Africa decreas Show less Read more
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