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3M | 8-K: 3M Reports Third-Quarter Results; Raises Full-Year 2024 Earnings Guidance

3M | 8-K: 3M Reports Third-Quarter Results; Raises Full-Year 2024 Earnings Guidance

3M | 8-K:300萬公佈第三季度業績;上調2024年全年收益預期
美股SEC公告 ·  2024/10/22 06:38

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On October 22, 2024, 3M Company reported its third-quarter financial results, revealing a slight increase in sales and a significant rise in earnings per share (EPS) from continuing operations. The company announced sales of $6.3 billion, a 0.4% increase year-over-year (YoY), and an adjusted EPS from continuing operations of $1.98, up 18% YoY. 3M also reported a GAAP EPS from continuing operations of $2.48, which is a substantial 154% increase YoY. The company's operating cash flow was negative $1.8 billion, primarily due to net after-tax payments for significant litigation, but it managed an adjusted free cash flow of $1.5 billion. As a result of strong performance, 3M updated its full-year 2024 adjusted EPS guidance to $7.20 to $7.30, up from the previous range of $7.00 to $7.30. CEO William Brown expressed confidence in the company's ability to finish the year strongly and create long-term shareholder value. The company's stock is traded on the New York Stock Exchange under the symbol MMM, and its common stock is also traded on the SWX Swiss Exchange.
On October 22, 2024, 3M Company reported its third-quarter financial results, revealing a slight increase in sales and a significant rise in earnings per share (EPS) from continuing operations. The company announced sales of $6.3 billion, a 0.4% increase year-over-year (YoY), and an adjusted EPS from continuing operations of $1.98, up 18% YoY. 3M also reported a GAAP EPS from continuing operations of $2.48, which is a substantial 154% increase YoY. The company's operating cash flow was negative $1.8 billion, primarily due to net after-tax payments for significant litigation, but it managed an adjusted free cash flow of $1.5 billion. As a result of strong performance, 3M updated its full-year 2024 adjusted EPS guidance to $7.20 to $7.30, up from the previous range of $7.00 to $7.30. CEO William Brown expressed confidence in the company's ability to finish the year strongly and create long-term shareholder value. The company's stock is traded on the New York Stock Exchange under the symbol MMM, and its common stock is also traded on the SWX Swiss Exchange.
2024年10月22日,300萬公司報告了其第三季度財務業績,顯示銷售額略有增加,持續經營的每股收益(EPS)顯著提高。公司宣佈銷售額爲63億美元,同比增長0.4%,調整後的持續經營每股收益爲1.98美元,同比增長18%。 300萬也報告了持續經營的按照通用會計準則(GAAP)計算的每股收益爲2.48美元,同比增長了異常的154%。 由於對重大訴訟進行了稅後淨支付,公司的經營現金流爲負18億美元,但它成功實現了15億美元的調整後自由現金流。由於業績強勁,300萬將其2024年全年調整後的每股收益指導提升至7.20至7.30美元,高於先前7.00至7.30美元的範圍。 CEO威廉·布朗表示對公司有信心,能夠完成今年的業績強勁,並創造長期股東價值。 該公司的股票在紐約證券交易所以MMm爲標的進行交易,其普通股還在SWX瑞士交易所上市。
2024年10月22日,300萬公司報告了其第三季度財務業績,顯示銷售額略有增加,持續經營的每股收益(EPS)顯著提高。公司宣佈銷售額爲63億美元,同比增長0.4%,調整後的持續經營每股收益爲1.98美元,同比增長18%。 300萬也報告了持續經營的按照通用會計準則(GAAP)計算的每股收益爲2.48美元,同比增長了異常的154%。 由於對重大訴訟進行了稅後淨支付,公司的經營現金流爲負18億美元,但它成功實現了15億美元的調整後自由現金流。由於業績強勁,300萬將其2024年全年調整後的每股收益指導提升至7.20至7.30美元,高於先前7.00至7.30美元的範圍。 CEO威廉·布朗表示對公司有信心,能夠完成今年的業績強勁,並創造長期股東價值。 該公司的股票在紐約證券交易所以MMm爲標的進行交易,其普通股還在SWX瑞士交易所上市。
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