3M posts Street-beating Q1 results, updates full-year guidance

Shares in 3M (NYSE:MMM) rose today after the company met expectations on Wall Street with its 1st quarter results.

The St. Paul, Minn.-based company posted profits of $1.32 billion, or $2.16 per share, on sales of $7.69 billion for the 3 months ended March 31, for bottom-line growth of 3.1% on sales growth of 3.8% compared with the same period last year.

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