3M Co. (MMM) Tops Q1 EPS by 13c, Withdraws Guidance
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3M Reports First-Quarter 2020 Results
April 28, 2020 6:30 AM EDTFirst-Quarter Highlights:
Sales of $8.1 billion, up 2.7 percent year-on-year Organic local-currency sales grew 0.3 percent year-on-year GAAP EPS of $2.22; adjusted EPS of $2.16 Operating cash flow of $1.2 billion, up 16 percent year-on-year; adjusted free cash flow of $0.9 billion, up 40 percent year-on-year Withdraws full-year 2020 guidance due to COVID-19 impact and end-market uncertaintyST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today reported first-quarter 2020 results.
In this unprecedented time, I could not be more proud of how our... More
