3M Q2 Results.pdf

newsrelease20220804.pdf
Preview of 3M Q2 Results
🔗 Source: multimedia.3m.com
📊 Size: 214 KB
👤 Author: 3M
⬇️ Downloads: 45

Summary

3M reported Q2 2022 earnings with GAAP EPS of $0.14, including a $1.66 charge for Combat Arms Earplug litigation, and adjusted EPS of $2.48. Sales decreased 3% to $8.7 billion, with organic sales up 1%. Operating cash flow was $1.1 billion, down 40%, and adjusted free cash flow was $1.0 billion, down 41%. The company returned $800 million to shareholders through dividends. 3M revised its 2022 full-year outlook, expecting sales growth of -2.5% to -0.5% and adjusted EPS of $10.30 to $10.80.

Description

3M reported Q2 2022 earnings with GAAP EPS of $0.14, including a $1.66 charge for Combat Arms Earplug litigation, and adjusted EPS of $2.48.

Technical Information

  • File Format: PDF
  • File Size: 214 KB
  • Pages: 4
  • Language: EN
  • Author: 3M
  • Total Downloads: 45
  • Last Updated: 17 hours ago

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