3M Co. Q1 adjusted earnings of $2.77 per share

3M Co. (MMM) reported earnings for its first quarter that advanced from the same period last year.

The company's profit came in at $1.62 billion, or $2.77 per share. This compares with $1.31 billion, or $2.25 per share, in last year's first quarter.

Excluding items, 3M Co. reported adjusted earnings of $1.62 billion or $2.77 per share for the period.

The company's revenue for the quarter rose 9.5% to $8.85 billion from $8.08 billion last year.

3M Co. earnings at a glance:

-Earnings (Q1): $1.62 Bln. vs. $1.27 Bln. last year.
-EPS (Q1): $2.77 vs. $2.19 last year.
-Revenue (Q1): $8.85 Bln vs. $8.08 Bln last year.

Full year EPS guidance: $9.20 to $9.70

For comments and feedback contact: editorial@rttnews.com

Follow RTT