Replies to post #469 on 3M Company (MMM)

[bar1080]

3M due for div increase around Feb 15.

[DewDiligence]

3M 4Q20 results—2021 guidance:

https://investors.3m.com/news/news-details/2021/3M-Reports-Fourth-Quarter-and-Full-Year-2020-Results-Provides-Full-Year-2021-Guidance/default.aspx

2021 guidance:

• GAAP EPS = $9.20-9.70 (-1% to +5% vs 2020 actual GAAP EPS of $9.25; +5% to +11% vs 2020 actual non-GAAP EPS of $8.74); the 2021 range is unusually wide due to COVID-related uncertainty.

• 5-8% YoY revenue growth.

• 3-6% YoY organic revenue growth (excluding currency, acquisitions, and divestitures).

The stock is +1% in PM trading.

4Q20 CC slides:
https://s24.q4cdn.com/834031268/files/doc_financials/2020/q4/Q4-2020-Earnings-Presentation.pdf