Shares of 3M MMM are down 1.1 percent to $136.49 after reporting first quarter results, missing on both the top and bottom lines.
The company reported earnings per share of $1.79 versus $1.80 analyst estimates. Revenue came in $7.83 billion versus $7.96 billion estimates. Revenue grew 2.6 percent year-over-year.
Organic local-currency sales growth breakdown:
Market News and Data brought to you by Benzinga APIs- Heath Care -- 6.2 percent growth.
- Safety & Graphics -- 4.6 percent growth.
- Electronics & Energy -- 4.1 percent growth.
- Consumer -- 2.6 percent growth.
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