3M Co. Profit Declines In Q4

(RTTNews) - 3M Co. (MMM) announced earnings for fourth quarter that decreased from last year

The company's bottom line came in at $1.34 billion, or $2.31 per share. This compares with $1.41 billion, or $2.41 per share, in last year's fourth quarter.

Excluding items, 3M Co. reported adjusted earnings of $1.34 billion or $2.31 per share for the period.

The company's revenue for the quarter rose 0.3% to $8.61 billion from $8.58 billion last year.

3M Co. earnings at a glance (GAAP) :

-Earnings (Q4): $1.34 Bln. vs. $1.41 Bln. last year. -EPS (Q4): $2.31 vs. $2.41 last year. -Revenue (Q4): $8.61 Bln vs. $8.58 Bln last year.