Exhibit 99.1 3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin • Company delivers strong first quarter results: - Sales of $8.0 billion, down 0.3% YoY; adjusted sales of $7.7 billion with organic growth up ~1% YoY - GAAP earnings per share of $1.67, down 5% YoY; adjusted earnings of $2.39, up double digits YoY • Successfully completed the spin of Solventum on April 1st • Finalized legal settlements for Public ...

Company delivers strong first quarter results: Sales of $8.0 billion, down 0.3% YoY; adjusted sales of $7.7 billion with organic growth up ~1% YoY GAAP earnings per share of $1.67, down 5% YoY; adjusted earnings of $2.39, up double digits YoY Successfully completed the spin of Solventum on April 1st Finalized legal settlements for Public Water Suppliers and Combat Arms Earplugs Initiates guidance on a continuing operations basis and updates capital allocation framework Named William "Bill" Brown as CEO e ...

During the current earnings season, three companies have strategically positioned themselves to boost their bottom line. They will do it through international expansion, market penetration, and operational edge, giving investors a sneak peek at potentially lucrative consumer discretionary and industrial opportunities. Despite obstacles in some markets, the first has shown resilience in increasing profitability. When combined with deliberate cost-cutting initiatives, the company’s adjusted EPS rise in 2023 d ...

3M Company (MMM) is scheduled to release first-quarter 2024 results on Apr 30, before market open.The company has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 18.5%. In the last reported quarter, its earnings of $2.42 per share surpassed the consensus estimate of $2.31 by 4.8%.Transportation & Electronics Revenues to Aid Q1 ResultsSolid momentum across the advanced materials business, commercial solut ...

In the latest trading session, 3M (MMM) closed at $92.98, marking a +0.38% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.2%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.59%.The the stock of maker of Post-it notes, industrial coatings and ceramics has fallen by 11.66% in the past month, lagging the Conglomerates sector's loss of 9.82% and the S&P 500's loss of 4.16%.The investment community will be pay ...

Paramount Global CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year. The latest figures were disclosed Monday in an SEC filing. The next-highest tally among top execs was for CFO Naveen Chopra, who collected $8 million, up from $6.5 million in 2022. Bakish’s salary was $3.1 million and he was given a stock award of $15.5 million and another $12.4 million via the company’s non-equity incentive plan. Along with executive compensation, the fil ...

The latest analyst update on the industrial conglomerate highlights the ongoing bull vs. bear debate about its stock.A JPMorgan analyst recently lowered his price target on 3M (MMM 0.55%) stock to $110 from $118 and retained his neutral rating on it. That new price target still anticipates a near-20% upside over 12 months from the current price of about $92, highlighting the stock's value case.Why the price target changedIt looks like a downgrade, but in reality, the change reflects the spin off of 3M's hea ...

The latest trading session saw 3M (MMM) ending at $93.18, denoting a +0.59% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.74%. Meanwhile, the Dow experienced a drop of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.68%.Shares of the maker of Post-it notes, industrial coatings and ceramics witnessed a loss of 10.99% over the previous month, beating the performance of the Conglomerates sector with its loss of 11.97% and underperforming ...

"Consumers are making more conscious purchasing decisions as they prioritize products that have a reduced impact on the environment. Scotch-Brite is committed to providing eco-friendly solutions that answer this need and are built to last," said Amanda Dauphinais, vice president, 3M Home and Auto Care. "We are thrilled to be launching two new products featuring recycled content and plant-based materials that emphasize our commitment to sustainability. Both products harness Scotch-Brite's cleaning expertise ...

In the latest market close, 3M (MMM) reached $93.19, with a +0.38% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.11% for the day. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.23%.Heading into today, shares of the maker of Post-it notes, industrial coatings and ceramics had gained 0.16% over the past month, outpacing the Conglomerates sector's loss of 4.65% and lagging the S&P 500's gain of 1.5% in that time.Analysts and investors al ...