Post-It Maker 3M Q3 Earnings: Sales Growth Slows, Margins Expand, Raises Annual Profit Outlook
Post-It Maker 3M Q3 Earnings: Sales Growth Slows, Margins Expand, Raises Annual Profit Outlook
Adjusted operating margin expanded 1.4 percentage points to 23.0%, aided by organic growth, productivity, and restructuring.3M Company (NYSE:MMM) shares are trading higher after the company reported better-than-expected third-quarter adjusted EPS and sales and revised FY24 EPS guidance.
300萬公司（紐交所:MMM）股票交易價格上漲，因爲公司報告了好於預期的第三季度調整後每股收益和銷售額，並修訂了FY24每股收益指導。
The company reported net sales of $6.294 billion, a slight increase of 0.4% year-over-year. Adjusted net sales totaled $6.068 billion, up 1.5% on year and marginally beating the consensus of $6.057 billion. Adjusted EPS was $1.98, up 18% Y/Y, beating the consensus of $1.90.
公司報告的淨銷售額爲$62.94億美元，同比略增0.4%。調整後淨銷售額總計爲$60.68億美元，同比增長1.5%，略高於$60.57億美元的共識。調整後每股收益爲$1.98，同比增長18%，超過了$1.90的共識。
Adjusted organic sales growth was 1.0% in the quarter, including ~(1.0) ppt headwind from portfolio/geographic prioritization.
調整後的有機銷售增長率在本季度爲1.0%，其中包括來自產品組合/地理優先級的(1.0)個百分點的不利影響。
Adjusted operating margin expanded 1.4 percentage points to 23.0%, aided by organic growth, productivity, and restructuring.
調整後的營業利潤率擴張了1.4個百分點至23.0%，得益於有機增長、生產力和重組。
Safety & Industrial reported 0.9% adjusted organic growth and adjusted operating margin contraction to 24.3% from 25.7% in the prior year quarter. Consumer segment reported an organic decline of 0.7%.
安全與工業報告調整後有機增長率爲0.9%，調整後營業利潤率從去年同期的25.7%下降至24.3%。消費部門報告有機下降了0.7%。
Operating cash flow for the quarter stood at $(1.8) billion, reflecting $3.6 billion net after-tax payments for costs of significant litigation, primarily Public Water Systems and Combat Arms Earplugs.
本季度經營現金流達到負18億美元，反映出36億美元的稅後支付成本，主要是公共供水系統和作戰耳塞的重大訴訟費用。
Adjusted free cash flow was $1.5 billion in the quarter. MMM returned $1.1 billion to shareholders via dividends and share repurchases.
調整後的自由現金流爲15億美元。MMM通過分紅和股份回購向股東返還了11億美元。
Fiscal 2024 Outlook: 3M revised FY24 adjusted EPS guidance to $7.20 – $7.30 from $7.00 – $7.30 versus the consensus of $7.26.
2024財年展望：300萬修訂了2024財年調整後每股收益指導，從7.00美元至7.30美元修訂爲7.20美元至7.30美元，與7.26美元的共識相比。
3M revised adjusted total sales growth guidance to ~1% versus previously expected (0.25%) to +1.75% and, on an organic basis, ~1% (from flat to +2% prior).
將300萬調整後總銷售增長指引修正爲約1%，而先前預期爲(0.25%)至+1.75%，在有機基礎上，約爲1%(先前爲持平至+2%)。
Investors can gain exposure to the stock via ProShares Smart Materials ETF (NYSE:TINT) and FT Vest DJIA Dogs 10 Target Income ETF (BATS:DOGG).
投資者可以通過ProShares智能材料etf（紐約證券交易所:TINT）和Ft Vest道瓊斯狗狗10目標收入etf（BATS:DOGG）來獲得該股的曝光。
Price Action: MMM shares are up 3.83% at $140.00 premarket at the last check Tuesday.
價格走勢：MMm股票週二最後一次檢查時，盤前上漲3.83%，報140.00美元。
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圖片來自shutterstock。
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譯文內容由第三人軟體翻譯。