TeleTrade - Analytics

    TeleTrade

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    22.10.2015 12:11 Company News: 3M (MMM) Q3 profit beats expectations

    3M Company reported Q3 earnings of $2.05 per share (versus $1.98 in Q3 FY 2014), beating analysts' consensus of $2.01.

    The company's revenues amounted to $7.712 bln (-5.2% y/y), slightly missing consensus estimate of $7.845 bln.

    3M downgraded its EPS FY15 guidance to $7.73-7.78 from $7.73-7.93. The analysts' consensus forecast for the company's EPS FY15 stands at $7.78.

    MMM fell to $148.17 (-1.10%) in pre-market trading.


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