(C) Reuters. 3M Earnings, Revenue Beat in Q1
Investing.com – 3M reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
3M announced earnings per share of $2.77 on revenue of $8.85B. Analysts polled by Investing.com anticipated EPS of $2.3 on revenue of $8.44B.
3M shares are up 14% from the beginning of the year, still down 1.74% from its 52 week high of $203.15 set on April 23. They are outperforming the S&P Global 100 which is up 9.53% from the start of the year.
3M’s report follows an earnings beat by Taiwan Semiconductor on April 14, who reported EPS of $0.9497 on revenue of $12.77B, compared to forecasts EPS of $0.9247 on revenue of $12.78B.
Intel had beat expectations on Thursday with first quarter EPS of $1.39 on revenue of $18.57B, compared to forecast for EPS of $1.15 on revenue of $17.79B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
3M Earnings, Revenue Beat in Q1
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