If you also follow $MMM+1.5%, what do you think of the results? I personally expected them to be a lot worse.
3M Company
MMM
$98.50
$1.43
+1.47%
Capital Structure
Market Cap
54.4B
Enterpr. Val.
65.5B
Valuation
P/E
-7.4
P/S
1.7
Dividends
Yield
6.1%
Payout
-44.6%
Revenues were $8.3 billion, down 3.6% year-over-year. Adjusted for extraordinary items, revenue was $8 billion (down 3% year-over-year). Operating profit after adjustments was up 1.6 percentage points year-over-year to 23.2% of revenue. Net earnings per share after adjustments were $2.68 (up 3% year-over-year). Operating cash flow was $1.9 billion, up 25% year-over-year. Adjusted free cash flow was $1.9 billion (up 39% year-over-year).
I also expected worse results and in the end it turned out quite positive. So let's see how the company will fare going forward.
Hopefully, the com will be better now:)
It's picked up quite a bit now, so I hope it lasts
It's picked up quite a bit now, so I hope it lasts
I am satisfied with the results. Other investors too, at least according to the share price movement😅
That's right, by the numbers you know the majority's satisfaction:D or on the contrary dissatisfaction
Well, I hope it lasts