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Ekonomické zprávy
24.01.2023

Company news: 3M (MMM) quarterly earnings miss analysts’ expectations

3M (MMM) reported Q4 FY2022 earnings of $2.28 per share (versus $2.31 per share in Q4 FY2021), missing analysts’ consensus estimate of $2.39 per share.

The company’s quarterly revenues amounted to $8.100 bln (-5.9% y/y), roughly in line with analysts’ consensus estimate of $8.088 bln.

MMM fell to $117.50 (-4.18%) in pre-market trading.

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