Investing.com - 3M (NYSE:MMM) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
3M announced earnings per share of $2.31 on revenue of $8.61B. Analysts polled by Investing.com anticipated EPS of $2.02 on revenue of $8.6B.
3M shares are down 2% from the beginning of the year and are trading at $172.80 , down-from-52-week-high.They are outperforming the S&P 500 which is down 7.47% from the start of the year.
3M follows other major Industrials sector earnings this month
3M's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.66 on revenue of $5.73B, compared to forecasts EPS of $2.61 on revenue of $5.6B.
General Electric had beat expectations on Tuesday with fourth quarter EPS of $0.92 on revenue of $20.3B, compared to forecast for EPS of $0.8458 on revenue of $21.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar