MMM - What's Going On With Post-It Maker 3M Shares Today? | Benzinga
3M Company (NYSE:MMM) shares are trading higher after the company reported better-than-expected first-quarter 2024 results.
The company reported net sales of $8.00 billion, a slight decline of 0.35%Y/Y. Adjusted net sales totaled $7.72 billion, up 0.5% Y/Y, beating the consensus of $7.63 billion with 0.8% growth organic sales.
Adjusted EPS was $2.39 compared to $1.97 in the prior-year quarter, beating the consensus of $2.10.
Adjusted operating margin expanded to 21.9% from 17.9% a year ago. Operating cash flow for the quarter was $767 million, down from $1.275 billion a year ...