3M earnings beat estimates, revenues miss

ST. PAUL, Minn. ― 3M Co. said its Q3 revenues fell, hit by weakness in the Chinese market and in certain key industries. In total, revenues fell to $7.99 billion from $8.15 billion a year ago, missing analyst estimates of $8.17 billion. At $2.58, however, adjusted earnings per share beat estimates of $2.47. Sales rose by 0.8% in the United States and by 0.6% in the Latin America/Canada region.