/ Source: Reuters
3M Co said on Tuesday fourth-quarter earnings fell as last year’s results included a gain for selling a business.
The maker of such products as Scotch tape and optical films for liquid crystal displays reported earnings of $851 million, or $1.17 per share, compared with $1.18 billion, or $1.57 per share, in the fourth quarter of 2006.
Analysts surveyed by Reuters Estimates had expected the St. Paul, Minnesota, company to report $1.17 per share.