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3M announced earnings per share of $2.59 on revenue of $8.95B. Analysts polled by Investing.com anticipated EPS of $2.29 on revenue of $8.53B.
3M shares are up 15% from the beginning of the year, still down 3.48% from its 52 week high of $208.95 set on May 10. They are under-performing the S&P 500 which is up 17.74% from the start of the year.
3M’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on Friday with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
