3M Q3 adjusted EPS $1.98 (+18% YoY); raises FY2024 adjusted EPS guidance to $7.20-$7.30

3M CO

2024-Q3 EPS reported $6.21 revenue$18,565,000,000

GAAP EPS from continuing operations $2.48 (up 154% YoY); adjusted EPS $1.98 (up 18% YoY).
Total sales $6.3B (+0.4% YoY); adjusted sales $6.1B with organic growth +1.0%.
Operating cash flow $(1.8)B from $3.6B litigation payments; adjusted free cash flow $1.5B.
Full-year 2024 adjusted EPS guidance raised to $7.20-$7.30 from $7.00-$7.30.
Returned $1.1B to shareholders via dividends and share repurchases in Q3.

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