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3M announced earnings per share of $2.38 on revenue of $8.58B. Analysts polled by Investing.com anticipated EPS of $2.15 on revenue of $8.39B.
3M shares are down 2% from the beginning of the year, still down 5.65% from its 52 week high of $180.59 set on January 27, 2020. They are under-performing the S&P Global 100 which is up 3.1% from the start of the year.
3M’s report follows an earnings beat by Taiwan Semiconductor on January 14, who reported EPS of $0.9851 on revenue of $12.93B, compared to forecasts EPS of $0.9362 on revenue of $12.85B.
Intel had beat expectations on Thursday with fourth quarter EPS of $1.52 on revenue of $19.98B, compared to forecast for EPS of $1.11 on revenue of $17.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
