Post-earnings recap
Reported
Tue, Jan 23, 2024
Est. EPS
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Est. revenue
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Implied move
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EPS beat rate
100%
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Est. EPS
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Est. Rev
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Impl. Move
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3M Company reported an EPS of $2.42, exceeding expectations by 4.81%. However, the stock reacted negatively, dropping 11.03%. The lack of revenue details and guidance may have contributed to investor uncertainty.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $2.42 | N/A | +4.81% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based on numerical results only.