3M beats by $0.01, reports revs in-line; guides FY16 EPS slightly below consensus :
- Reports Q3 (Sep) earnings of $2.15 per share, $0.01 better than the Capital IQ Consensus of $2.14; revenues were unchanged from the year-ago period at $7.71 bln.
- Co issues downside guidance for FY16, sees EPS of $8.15-8.20 vs. $8.21 Capital IQ Consensus Estimate and vs prior guidance of $8.15-8.30.
- Operating margin of 24.7%, up 0.4 percentage points year-on-year.
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