3M Reports Strong Q1 Earnings with Increased EPS and Shareholder Returns
3M reported Q1 earnings per share of $2.14, up mid-teens compared to last year, with a 23.8% adjusted operating margin and over $500 million in free cash flow. The company returned $2.4 billion to shareholders and reiterated full-year guidance, despite facing petrochemical cost pressures.
Tickers: $MMM
Topics: Buybacks Dividend Increase Earnings Financial Performance Margin Expansion Shareholder Returns