3M: Q4 Earnings Beat Amid Legal Woes

3M (NYSE:MMM), the global conglomerate known for its innovative products in diverse sectors like healthcare and consumer goods, reported fourth-quarter earnings on Tuesday, Jan. 21, that topped analyst estimates. Adjusted earnings per share (EPS) of $1.68 slightly exceeded the analyst consensus of $1.66. Despite a 2% decline year over year, the earnings beat suggests a better-than-expected performance. Revenue rose slightly to $6.01 billion, ahead of the $5.78 billion forecast. Overall, 3M's quarter reflected steady top-line growth, though concerns around litigation remain prevalent.Source: 3M. Note: Analysts' consensus estimates for the quarter provided by FactSet. YOY = Year over year. GAAP = Generally accepted accounting principles.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool