Q1 2019

@MarkFord
em 25/04/2019 10:09

First-Quarter Summary:

– Sales of $7.9 billion, down 5.0 percent year-on-year

– Organic local-currency sales decline of 1.1 percent; China, automotive, and electronics
collectively down mid-single digits

– GAAP EPS of $1.51 vs. $0.98 last year, up 54.1 percent year-on-year

– Adjusted EPS of $2.23 vs. $2.50 last year, down 10.8 percent year-on-year
o Q1 2019 excludes significant litigation-related charges of $0.72 per share
o Q1 2018 excludes a total charge of $1.52 per share for adjustments to provisional accounting for the Tax Cuts and Jobs Act (TCJA) and significant litigation-related
charges

– Closed acquisition of M*Modal’s technology business

– Announced company realignment from five to four business groups effective April 1

http://s2.q4cdn.com/974527301/files/doc_financials/2019/q1/Q1-2019-Earnings-Press-Release.pdf

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@Jonatas57
em 25/04/2019 10:53

Quarter ruim e a empresa já anuncia reestruturações no portfólio de 5 para 4 grupos principais de negócios, para mim um excelente sinal de governança. Acompanhar para ver os restantes e se salva o anual.

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@MarkFord
em 25/04/2019 12:41

Trimestre muito fraco mesmo.

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@MarkFord
em 25/04/2019 15:00

3M Co (NYSE:MMM) posted its earnings results on Thursday, April, 25th. The conglomerate reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.50 by $0.27. The conglomerate earned $7.86 billion during the quarter, compared to analyst estimates of $8.02 billion. 3M had a return on equity of 57.70% and a net margin of 16.33%. The company's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.50 earnings per share.

NYSE:MMM - Stock Price, News, & Analysis for 3M | MarketBeat

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