3M (NYSE: MMM) reported Q1 2020 earnings results today.
Sales rose 2.7% year-over-year to $8.1 billion. On a GAAP basis, earnings grew 47% to $2.22 per share compared to last year. Adjusted EPS fell 2.7% year-over-year to $2.16.
Due to the uncertainty surrounding the COVID-19 outbreak, 3M is not able to estimate the pace of recovery accurately across its markets. Therefore the company has withdrawn its full-year 2020 guidance which was provided in January.
The company also said it will begin reporting monthly sales information starting in May to provide transparency on its ongoing business performance.
Thermo Fisher Scientific Inc. (NYSE: TMO) announced fourth-quarter 2022 financial results, reporting a double-digit fall in adjusted earnings and an increase in revenues. Fourth-quarter revenues increased 7% annually to $11.5
Altria Group Inc. (NYSE: MO) reported fourth quarter 2022 earnings results today. Net revenues decreased 2.3% year-over-year to $6.1 billion. Net earnings attributable to Altria increased 65.6% to $2.6 billion
Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported a decline in fourth-quarter earnings, despite an increase in revenues. Earnings, excluding special items, dropped to $0.69 per share in the