Investing.com – 3M reported on Tuesday 4th quarter that beat analysts’ forecasts and revenue that capped expectations.
3M announced earnings per share of $2.31 on revenue of $8.61B. Analysts polled by Investing.com anticipated EPS of $2.02 on revenue of $8.6B.
3M shares are lower 2% right from the start of the season, still lower 17.30% from the 52 week a lot of $208.95 focused on May 10, 2021. They’re outperforming the S&P 500 that is lower 7.47% from the beginning of the season.
3M follows other major Industrials sector earnings this month
3M’s report follows an earnings beat by Union Off-shore on Thursday, who reported EPS of $2.66 on revenue of $5.73B, when compared with forecasts EPS of $2.61 on revenue of $5.6B.
Whirlpool had beat expectations with 4th quarter EPS of $.92 on revenue of $20.3B, when compared with forecast for EPS of $.8458 on revenue of $21.34B.
Stay awake-to-date on all the approaching earnings reports by going to Investing.com’s earnings calendar
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