3M (NYSE: MMM) reported second quarter 2023 earnings results today.
Sales of $8.3 billion were down 4.3% year-on-year. Organic sales declined 2.2%.
Net loss attributable to 3M was $6.8 billion, or $12.35 per share, compared to net income of $78 million, or $0.14 per share, last year. Adjusted EPS was $2.17.
For the full year of 2023, 3M expects adjusted EPS to be $8.60-9.10.
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