3m earnings: $1. 85 per share vs $1. 92 eps estimate
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Andrew Harrer | Bloomberg | Getty Images 3M delivered quarterly earnings and revenue that fell short of analysts' expectations, sending shares lower in premarket trading on Thursday.
The industrial conglomerate posted first-quarter earnings of $1.85 per share, up from $1.79 a share in the year-earlier period. Read More3M CEO to Cramer: The secret to staying relevant
Revenue fell to $7.57 billion from $7.83 billion a year ago. Wall Street had expected the company to deliver quarterly earnings per share of $1.92 on $7.84 billion in revenue, according to
consensus estimates from Thomson Reuters. The company's stock was down nearly 2 percent following the report. (Click here to track its shares.) Last month, the multinational
conglomerate based in St. Paul, Minnesota announced the completion of its Ivera Medical acquisition. The health care products manufacturer will now operate as a wholly owned subsidiary of 3M
and will allow the company to offer a wider array of vascular access solutions. Over the past 12 months, the company's stock has jumped about 18 percent. —_CNBC's Fred Imbert
contributed to this report._