Categories Analysis, Earnings, Industrials

3M Company (MMM) Q2 2023 Earnings Summary

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.

Most Popular

Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results

McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion.   Net income

Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator

Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although

Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter

Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top