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Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) on May 26, 2020 at Wall Street in New York City.
Johannes Eisele | AFP | Getty Images
Dow component 3M on Tuesday reported third-quarter results that beat analyst expectations on the back of strong personal-safety and health equipment sales.
Here’s how the manufacturing giant’s results fared comparted with Wall Street estimates:
- EPS: $2.43 per share vs. Refinitiv estimate of $2.26 per share
- Revenue: $8.35 billion vs. $8.32 billion expected
The company’s stock fell 1.5% in the premarket after the results were released.
3M said sales from its safety and industrial division rose 6.9% on a year-over-year…
Source cnbc.com
