3M (NYSE:MMM) shares took a slight dip today on third-quarter results that finished ahead of the consensus forecast.
The St. Paul, Minn.-based company posted profits of $1.4 billion, or $2.43 per share, on sales of $8.4 billion for the three months ended Sept. 30, 2020, for a -10.7% bottom-line slide on sales growth of 4.5%.
Adjusted to exclude one-time items, earnings per share were also $2.43, 17¢ ahead of Wall Street, where analysts were looking for sales of $8.3 billion.