3M reports 7.4% rise in revenue

Industrial mammoth 3M (MMM) today reported second-quarter results that easily topped analysts expectations. The company reported earnings of $3.07 a share, higher than the consensus estimates of $2.58 a share. Revenue rose 7.4% year-over-year to $8.4 billion, topping analysts expectation of $8.37 billion. During the quarter, the company recorded a benefit of $0.48 per share … Continue reading 3M reports 7.4% rise in revenue