3M Raises FY24 Adj EPS Guidance To $7.00-$7.30 From $6.80-$7.30 vs. $7.17 Est
Portfolio Pulse from Benzinga Newsdesk
3M has raised its full-year 2024 adjusted EPS guidance to a range of $7.00-$7.30 from the previous range of $6.80-$7.30, reflecting strong operational execution in the first half of the year. The company's adjusted total sales growth and adjusted organic sales growth forecasts remain unchanged.
July 26, 2024 | 10:33 am
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3M has updated its full-year 2024 adjusted EPS guidance to $7.00-$7.30 from the previous range of $6.80-$7.30, indicating strong operational performance. Sales growth forecasts remain unchanged.
The increase in EPS guidance suggests that 3M is performing well operationally, which is a positive signal for investors. The unchanged sales growth forecasts indicate stability in the company's revenue expectations.
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