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3M | 8-K: 3M Delivers Strong Second-Quarter Results and Company Updates Full-Year 2024 Earnings Guidance

3M | 8-K: 3M Delivers Strong Second-Quarter Results and Company Updates Full-Year 2024 Earnings Guidance

3M | 8-K:3M第二季度強勁的業績和公司更新2024年全年收益指引
美股SEC公告 ·  07/26 18:38

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On July 26, 2024, 3M Company reported its second-quarter financial results, revealing a slight decrease in sales to $6.3 billion, down 0.5% year-over-year. However, the company saw an increase in GAAP EPS from continuing operations by 117% to $2.17 and a 39% rise in adjusted EPS from continuing operations to $1.93. Organic growth was up 1.2% YoY, and the company generated robust operating cash flow of $1.0 billion, with adjusted free cash flow reaching $1.2 billion. 3M also updated its full-year 2024 adjusted EPS guidance, raising the lower end from $6.80 to $7.00, with the upper end remaining at $7.30. CEO William Brown highlighted the company's strong quarter, driven by double-digit adjusted earnings growth and robust cash generation. 3M's focus remains on driving sustained organic revenue growth, increasing operational performance, and effectively deploying capital. The company returned $786 million to shareholders through dividends and share repurchases. Additionally, 3M's common stock is traded on multiple exchanges, including the New York Stock Exchange under the symbol MMM.
On July 26, 2024, 3M Company reported its second-quarter financial results, revealing a slight decrease in sales to $6.3 billion, down 0.5% year-over-year. However, the company saw an increase in GAAP EPS from continuing operations by 117% to $2.17 and a 39% rise in adjusted EPS from continuing operations to $1.93. Organic growth was up 1.2% YoY, and the company generated robust operating cash flow of $1.0 billion, with adjusted free cash flow reaching $1.2 billion. 3M also updated its full-year 2024 adjusted EPS guidance, raising the lower end from $6.80 to $7.00, with the upper end remaining at $7.30. CEO William Brown highlighted the company's strong quarter, driven by double-digit adjusted earnings growth and robust cash generation. 3M's focus remains on driving sustained organic revenue growth, increasing operational performance, and effectively deploying capital. The company returned $786 million to shareholders through dividends and share repurchases. Additionally, 3M's common stock is traded on multiple exchanges, including the New York Stock Exchange under the symbol MMM.
2024年7月26日,3m公司發佈了其第二季度業績,顯示銷售額略微下降至630億美元,同比下降0.5%。然而,公司連續經營的GAAP每股收益同比增長117%至2.17美元,調整後每股收益同比增長39%至1.93美元。有機增長同比上漲1.2%,公司運營現金流強勁,爲10億美元,調整後自由現金流達到12億美元。3m還更新了其2024財年調整後每股收益指導,將下限從6.80美元上調至7.00美元,上限仍爲7.30美元。CEO William Brown強調了公司強勁的季度業績,是由於雙位數的調整後收益增長和強勁的現金流生成所推動的。3m仍專注於推動持續的有機收入增長,提高運營業績並有效地部署資本。公司通過分紅和股票回購向股東返還了7.86億美元。此外,3m的普通股在多個交易所上交易,包括紐約證券交易所,其交易代碼爲MMm。
2024年7月26日,3m公司發佈了其第二季度業績,顯示銷售額略微下降至630億美元,同比下降0.5%。然而,公司連續經營的GAAP每股收益同比增長117%至2.17美元,調整後每股收益同比增長39%至1.93美元。有機增長同比上漲1.2%,公司運營現金流強勁,爲10億美元,調整後自由現金流達到12億美元。3m還更新了其2024財年調整後每股收益指導,將下限從6.80美元上調至7.00美元,上限仍爲7.30美元。CEO William Brown強調了公司強勁的季度業績,是由於雙位數的調整後收益增長和強勁的現金流生成所推動的。3m仍專注於推動持續的有機收入增長,提高運營業績並有效地部署資本。公司通過分紅和股票回購向股東返還了7.86億美元。此外,3m的普通股在多個交易所上交易,包括紐約證券交易所,其交易代碼爲MMm。

譯文內容由第三人軟體翻譯。


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