MAPLEWOOD (dpa-AFX) - 3M Co. (MMM) announced earnings for first quarter that
decreased from last year but beat the Street estimates.

The company's bottom line came in at $928 million, or $1.67 per share. This
compares with $976 million, or $1.76 per share, in last year's first quarter.

Excluding items, 3M Co. reported adjusted earnings of $1.33 billion or $2.39 per
share for the period.

Analysts on average had expected the company to earn $1.96 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 0.4% to $8.00 billion from $8.03
billion last year.

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

-Earnings (Q1): $928 Mln. vs. $976 Mln. last year.
-EPS (Q1): $1.67 vs. $1.76 last year.
-Revenue (Q1): $8.00 Bln vs. $8.03 Bln last year.

-Guidance:
Full year EPS guidance: $6.80 to $7.30


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