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3M's Q3 Adjusted Earnings, Sales Rise; Updates 2024 Adjusted Profit Outlook
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3M's Q3 Adjusted Earnings, Sales Rise; Updates 2024 Adjusted Profit Outlook
Oct 22, 2024 12:08 PM

07:06 AM EDT, 10/22/2024 (MT Newswires) -- 3M ( MMM ) reported Q3 adjusted earnings Tuesday of $1.98 per diluted share, up from $1.68 a year earlier.

Analysts polled by Capital IQ expected $1.90.

Net sales for the quarter ended Sept.30 was $6.29 billion, up from $6.27 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.06 billion.

The company said it now expects 2024 adjusted EPS from continuing operations of $7.20 to $7.30, compared with $7 to $7.30 previously. Analysts surveyed by Capital IQ are expecting $7.30.

Price: 138.91, Change: +4.07, Percent Change: +3.02

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