3M MMM reports its second-quarter earnings at $1.54 per share, exceeding the consensus of $1.48.
MMM’s sales for the quarter came in at $6.7 billion, just scrapping past the Street view of $6.66 billion.
3M has raised its organic sales volume growth for the year to 13%-15%, from the prior guidance of 10%-12%. The company also expects its EPS for 2010 to come in the range of $5.65 to $5.80, excluding the Medicare Part D-related charge recorded in the first quarter of this year. The company’s prior expectations were at $5.40-$5.60.
MMM added 0.84% to $82.99 in after hours.
Read more from Benzinga's Company news.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in