Reuters logo
BRIEF-3M Q1 GAAP earnings per share $2.16
April 25, 2017 / 12:16 PM / 7 months ago

BRIEF-3M Q1 GAAP earnings per share $2.16

April 25 (Reuters) - 3M Co:

* 3M delivers first-quarter sales of $7.7 billion and earnings of $2.16 per share; company raises its full-year 2017 outlook

* Q1 GAAP earnings per share $2.16

* Q1 sales $7.7 billion versus i/b/e/s view $7.47 billion

* Sees FY 2017 earnings per share $8.70 to $9.05

* Q1 earnings per share view $2.06 -- Thomson Reuters I/B/E/S

* 3M co - foreign currency translation decreased sales by 0.5 percent in quarter

* 3M co says company now forecasts organic local-currency sales growth to be 2 to 5 percent in 2017

* 3M co says affirmed its free cash flow expectation of 95 to 105 percent for 2017

* Qtrly organic local-currency sales increased 4.6 percent while divestitures reduced sales by 0.4 percent

* Fy2017 earnings per share view $8.63 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below