- 3M press release (NYSE:MMM): Q3 Non-GAAP EPS of $2.19 beats by $0.12.
- Revenue of $6.3B (+3.3% Y/Y) beats by $50M.
- GAAP sales of $6.5 billion , up 3.5%
-
3M updated its full-year 2025 guidance given the company’s performance in the first nine months of the year.
- Adjusted total sales growth1 of >2.5 percent, reflecting adjusted organic sales growth1 of >2 percent.
- Adjusted operating income margin expansion1 of 180 bps to 200 bps.
- Adjusted EPS1 in the range of $7.95 to $8.05 vs $7.93 consensus
- Adjusted operating cash flow1 of $5.2 to $5.4 billion, contributing to >100 percent adjusted free cash flow conversion
- Shares +1% PM.
3M Non-GAAP EPS of $2.19 beats by $0.12, revenue of $6.3B beats by $50M