Company news: 3M (MMM) quarterly results top analysts’ estimates

3M (MMM) reported Q1 FY2025 earnings of $1.88 per share (versus $2.39 per share in Q1 FY2024), beating analysts’ consensus estimate of $1.77 per share.

The company’s quarterly revenues amounted to $5.800 bln (+1.1% y/y), slightly beating analysts’ consensus estimate of $5.762 bln.

The company also issued in-line EPS guidance for FY2025 of $7.60-$7.90 versus analysts’ consensus estimate of $7.74.

MMM rose to $131.00 (+3.89%) in pre-market trading.