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3M sees FY24 adjusted EPS $6.80-$7.30, consensus $7.00

Sees FY24 revenue down 0.25% to up 1.75%, consensus $23.85B. Sees FY24 adjusted organic sales growth flat to up 2%. The company said, “3M initiated the following full-year 2024 expectations. Beginning in the second quarter of 2024, Solventum’s historical earnings results will be reported within 3M’s financial statements as discontinued operations. The 2024 earnings outlook below reflects Solventum’s net income as discontinued operations for the full year, including the first quarter of 2024.”

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