Investing.com - 3M (NYSE:MMM) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
3M announced earnings per share of $2.69 on revenue of $8.60. Analysts polled by Investing.com anticipated EPS of $2.62 on revenue of $8.75B.
3M shares are up 72.04% from the beginning of the year and are trading at $118.38 , down-from-52-week-high.
3M follows other major Industrials sector earnings this month
3M's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Lockheed Martin had beat expectations on Tuesday with third quarter EPS of $6.87 on revenue of $16.58B, compared to forecast for EPS of $6.66 on revenue of $16.66B.
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