share_log

3M | 8-K: 3M Delivers Strong Second-Quarter Results and Company Updates Full-Year 2024 Earnings Guidance

3M | 8-K: 3M Delivers Strong Second-Quarter Results and Company Updates Full-Year 2024 Earnings Guidance

3M | 8-K:3M第二季度強勁的業績和公司更新2024年全年收益指引
美股sec公告 ·  07/26 06:38
Moomoo AI 已提取核心訊息
On July 26, 2024, 3M Company reported its second-quarter financial results, revealing a slight decrease in sales to $6.3 billion, down 0.5% year-over-year. However, the company saw an increase in GAAP EPS from continuing operations by 117% to $2.17 and a 39% rise in adjusted EPS from continuing operations to $1.93. Organic growth was up 1.2% YoY, and the company generated robust operating cash flow of $1.0 billion, with adjusted free cash flow reaching $1.2 billion. 3M also updated its full-year 2024 adjusted EPS guidance, raising the lower end from $6.80 to $7.00, with the upper end remaining at $7.30. CEO William Brown highlighted the company's strong quarter, driven by double-digit adjusted earnings growth and robust cash generation. 3M's focus remains on driving sustained organic revenue growth, increasing operational performance, and effectively deploying capital. The company returned $786 million to shareholders through dividends and share repurchases. Additionally, 3M's common stock is traded on multiple exchanges, including the New York Stock Exchange under the symbol MMM.
On July 26, 2024, 3M Company reported its second-quarter financial results, revealing a slight decrease in sales to $6.3 billion, down 0.5% year-over-year. However, the company saw an increase in GAAP EPS from continuing operations by 117% to $2.17 and a 39% rise in adjusted EPS from continuing operations to $1.93. Organic growth was up 1.2% YoY, and the company generated robust operating cash flow of $1.0 billion, with adjusted free cash flow reaching $1.2 billion. 3M also updated its full-year 2024 adjusted EPS guidance, raising the lower end from $6.80 to $7.00, with the upper end remaining at $7.30. CEO William Brown highlighted the company's strong quarter, driven by double-digit adjusted earnings growth and robust cash generation. 3M's focus remains on driving sustained organic revenue growth, increasing operational performance, and effectively deploying capital. The company returned $786 million to shareholders through dividends and share repurchases. Additionally, 3M's common stock is traded on multiple exchanges, including the New York Stock Exchange under the symbol MMM.
2024年7月26日,300萬公司發佈了第二季度業績,揭示銷售額略有下降,爲63億美元,同比下降0.5%。然而,公司的GAAP每股收益從持續經營中增長了117%,達到了2.17美元,經調整後的每股收益從持續經營中增長了39%,達到了1.93美元。有機增長同比增長了1.2%,公司的運營現金流爲10億美元,經調整後的自由現金流達到12億美元。300萬還更新了其2024年全年經調整後的每股收益指引,將下限從6.80美元提高至7.00美元,上限仍爲7.30美元。 CEO威廉·布朗強調了公司本季度表現強勁,受到調整後的盈利增長和強勁的現金生成推動。 3M的重點仍然是推動持續的有機收入增長,提高運營績效和有效部署資本。公司通過分紅和股票回購向股東返還了7.86億美元。此外,3M的普通股在多個交易所上交易,其中包括紐約證券交易所,股票代碼爲3m。
2024年7月26日,300萬公司發佈了第二季度業績,揭示銷售額略有下降,爲63億美元,同比下降0.5%。然而,公司的GAAP每股收益從持續經營中增長了117%,達到了2.17美元,經調整後的每股收益從持續經營中增長了39%,達到了1.93美元。有機增長同比增長了1.2%,公司的運營現金流爲10億美元,經調整後的自由現金流達到12億美元。300萬還更新了其2024年全年經調整後的每股收益指引,將下限從6.80美元提高至7.00美元,上限仍爲7.30美元。 CEO威廉·布朗強調了公司本季度表現強勁,受到調整後的盈利增長和強勁的現金生成推動。 3M的重點仍然是推動持續的有機收入增長,提高運營績效和有效部署資本。公司通過分紅和股票回購向股東返還了7.86億美元。此外,3M的普通股在多個交易所上交易,其中包括紐約證券交易所,股票代碼爲3m。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息