
3M Company reported its fourth-quarter earnings for 2024, surpassing analysts' expectations with an adjusted earnings per share (EPS) of $1.68, compared to the anticipated $1.66. Revenue for the quarter reached $6.01 billion, exceeding the forecast of $5.78 billion, marking a year-over-year increase of 0.1%. The company noted an organic sales growth of 2.1% year-over-year. For the full year, 3M's sales totaled $24.6 billion. Looking ahead, 3M provided guidance for 2025, projecting adjusted EPS from continuing operations between $7.60 and $7.90, slightly below the consensus estimate of $7.79. The company also reported a net income of $797 million for the fourth quarter and generated $1.3 billion in adjusted free cash flow, supporting robust shareholder returns of $1.1 billion. Following the earnings announcement, 3M shares rose approximately 4% in pre-market trading.
3M forecast profit growth for 2025 and fourth-quarter results beat estimates as the US industrial conglomerate benefited from efforts to revive sales and reduce costs, sending its shares up https://t.co/v8PWKQGRYq https://t.co/7MZTQn2xxT
$PLD $MMM $DHI $SCHW beats earnings and revenue estimates
3M $MMM reported strong Q4 results and guided 2-3% organic sales growth for 2025. PFAS continues to be a multi-year headwind for 3M. And the Combat Arms settlement (payable over 13 years) might be the tip of the iceberg. https://t.co/NKgh18u0lU








