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Dec 31, 2020
3M Q4 2020 Earnings Report
3M delivered strong Q4 results with growth across all business groups and robust cash flow.
Key Takeaways
3M reported a strong fourth quarter with year-on-year growth across all business segments and geographic areas. Sales grew 5.8 percent to $8.6 billion, and both GAAP and adjusted earnings were $2.38 per share.
Delivered year-on-year growth across all business segments and geographic areas.
Sales grew 5.8 percent year-on-year to $8.6 billion.
Organic local-currency sales increased 5.5 percent.
Both fourth-quarter GAAP and adjusted earnings were $2.38 per share.
Revenue by Segment
Forward Guidance
3M initiated its full-year 2021 guidance with earnings expected to be in the range of $9.20 to $9.70 per share. The company expects its full-year total sales growth in the range of 5 to 8 percent with organic local-currency growth between 3 to 6 percent.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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