3M Reports Earnings Above Estimates, Shares Fall Amid Cautious Economic Outlook
3M (MMM) reported first-quarter results that met revenue expectations and exceeded profit forecasts, but its stock declined 1.8% in premarket trading due to a cautious macroeconomic environment. The company reaffirmed its full-year guidance and reported improved margins.
Tickers: $MMM
Topics: Earnings Guidance Profit Revenue Stock Price Movement