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BUZZ-3M up after Q4 profit beat

ReutersJan 21, 2025 4:47 PM

Updates

Shares of U.S. industrial conglomerate 3M Co MMM.N rise 4.6% to $147.56

Reports Q4 adjusted EPS $1.68, above analysts' expectations of $1.66, according to data compiled by LSEG, driven by higher sales of industrial adhesives, tapes and electronics

Q4 adjusted sales of $5,808 million also slightly above analysts' estimate of $5,781 million

Co expects 2025 adjusted EPS between $7.60 and $7.90, mid-point roughly in line with analysts' estimate of $7.77 per share

Shares gained 41.2% last year

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))

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