Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 1-3285 3M COMPANY (Exact name of registrant as specified in its charter) Delaware 41-0417775 (State or ...

3M (MMM) stock is up nearly 4% Tuesday, making it the best Dow Jones stock in intraday trading. The upside comes as the Post-It note maker's first-quarter earnings and revenue beat offset news that MMM is cutting its dividend, putting an end to its six-decade streak of increases.In the three months ended March 31, 3M said revenue increased 0.5% year-over-year to $7.7 billion and earnings per share (EPS) were up 21.3% to $2.39. The results exceeded analysts' expectations for revenue of $7.1 billion and EPS o ...

Strong quarterly results offer investors reason to hope the worst is over for the industrial conglomerate.Long-suffering 3M (MMM 4.56%) shareholders must have been pleasantly surprised by its first-quarter results Tuesday morning, and the stock is moving higher as a result. Shares of 3M were trading up by 5% as of 10:30 a.m. ET after its numbers easily beat expectations.A return to organic growthThe industrial conglomerate has lost more than 40% of its value over the past three years as it worked through a ...

3M (MMM) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $1.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.90%. A quarter ago, it was expected that this maker of Post-it notes, industrial coatings and ceramics would post earnings of $2.31 per share when it actually produced earnings of $2.42, delivering a surprise of 4.76%.Over th ...

Exhibit 99.1 3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin • Company delivers strong first quarter results: - Sales of $8.0 billion, down 0.3% YoY; adjusted sales of $7.7 billion with organic growth up ~1% YoY - GAAP earnings per share of $1.67, down 5% YoY; adjusted earnings of $2.39, up double digits YoY • Successfully completed the spin of Solventum on April 1st • Finalized legal settlements for Public ...

Company delivers strong first quarter results: Sales of $8.0 billion, down 0.3% YoY; adjusted sales of $7.7 billion with organic growth up ~1% YoY GAAP earnings per share of $1.67, down 5% YoY; adjusted earnings of $2.39, up double digits YoY Successfully completed the spin of Solventum on April 1st Finalized legal settlements for Public Water Suppliers and Combat Arms Earplugs Initiates guidance on a continuing operations basis and updates capital allocation framework Named William "Bill" Brown as CEO e ...

During the current earnings season, three companies have strategically positioned themselves to boost their bottom line. They will do it through international expansion, market penetration, and operational edge, giving investors a sneak peek at potentially lucrative consumer discretionary and industrial opportunities. Despite obstacles in some markets, the first has shown resilience in increasing profitability. When combined with deliberate cost-cutting initiatives, the company’s adjusted EPS rise in 2023 d ...

3M Company (MMM) is scheduled to release first-quarter 2024 results on Apr 30, before market open.The company has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 18.5%. In the last reported quarter, its earnings of $2.42 per share surpassed the consensus estimate of $2.31 by 4.8%.Transportation & Electronics Revenues to Aid Q1 ResultsSolid momentum across the advanced materials business, commercial solut ...

In the latest trading session, 3M (MMM) closed at $92.98, marking a +0.38% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.2%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.59%.The the stock of maker of Post-it notes, industrial coatings and ceramics has fallen by 11.66% in the past month, lagging the Conglomerates sector's loss of 9.82% and the S&P 500's loss of 4.16%.The investment community will be pay ...

Paramount Global CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year. The latest figures were disclosed Monday in an SEC filing. The next-highest tally among top execs was for CFO Naveen Chopra, who collected $8 million, up from $6.5 million in 2022. Bakish’s salary was $3.1 million and he was given a stock award of $15.5 million and another $12.4 million via the company’s non-equity incentive plan. Along with executive compensation, the fil ...