3M Raises Low End of 2012 Guidance, Shares Rise:
NEW YORK (TheStreet) -- 3M, the maker of Post-It notes and Scotch tape, reported Tuesday first-quarter earnings that beat analysts' estimates and it raised the lower-end of its full-year 2012 guidance.
3M reported first-quarter earnings of $1.12 billion, or $1.59 a share, up from year-earlier earnings of $1.08 billion, or $1.49. The latest quarter included a one-time charge of 4 cents a share. Analysts, on average, were expecting earnings of $1.49 a share.
Sales rose 2.4% to $7.5 billion.
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NEW YORK (TheStreet) -- 3M, the maker of Post-It notes and Scotch tape, reported Tuesday first-quarter earnings that beat analysts' estimates and it raised the lower-end of its full-year 2012 guidance.
3M reported first-quarter earnings of $1.12 billion, or $1.59 a share, up from year-earlier earnings of $1.08 billion, or $1.49. The latest quarter included a one-time charge of 4 cents a share. Analysts, on average, were expecting earnings of $1.49 a share.
Sales rose 2.4% to $7.5 billion.
...
Click to view a price quote on MMM.
Click to research the Conglomerates industry.
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