3M Company reported Q3 FY 2016 earnings of $2.15 per share (versus $2.05 in Q3 FY 2015), beating analysts’ consensus estimate of $2.14.
The company’s quarterly revenues amounted to $7.709 bln (0% y/y), generally in-line with analysts’ consensus estimate of $7.720 bln.
The company also issued downside guidance for FY 2016, projecting EPS of $8.15-8.20 versus analysts’ consensus estimate of $8.21 and prior guidance of $8.15-8.30.
MMM fell to $168.50 (-1.62%) in pre-market trading.
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