3M(MMM)
Search documents
3M Reports Third-Quarter Results; Raises Full-Year 2024 Earnings Guidance
Prnewswire· 2024-10-22 10:30
Sales of $6.3 billion, up 0.4% YoYAdjusted sales of $6.1 billion with organic growth up 1.0% YoYGAAP EPS from continuing operations of $2.48, up 154% YoYAdjusted EPS from continuing operations of $1.98, up 18% YoYOperating cash flow of $(1.8) billion with adjusted free cash flow of $1.5 billionUpdating full-year 2024 adjusted EPS from continuing operations to $7.20 to $7.30 from $7.00 to $7.30ST. PAUL, Minn., Oct. 22, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today reported third-quarter results."The 3M team deli ...
3M Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-10-22 07:13
3M Company MMM will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 22.Analysts expect the Saint Paul, Minnesota-based company to report quarterly earnings at $1.9 per share, down from $2.44 per share in the year-ago period. 3M projects to report revenue of $6.06 billion for the quarter, compared to $7.32 billion a year earlier, according to data from Benzinga Pro.On Aug. 1, 3M named Anurag Maheshwari as Executive Vice President and CFO.3M shares fell 0.2% to close a ...
3M Q3 Earnings Preview
Forbes· 2024-10-21 15:15
HONG KONG, CHINA - 2024/06/23: In this photo illustration, the American company specializing in ... [+] worker safety, U.S. health care, and consumer goods, 3M (NYSE: MMM), logo seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images3M (NYSE: MMM) will report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with ...
Why I Just Swapped These 2 Well-Known Dividend Stocks
The Motley Fool· 2024-10-19 13:42
I'm replacing a dividend cutter with a company that pays a more sustainable dividend.I enjoy investing in dividend stocks. I like to see the income flow into my portfolio. It gives me more money to reinvest into income-generating investments. That grows my passive income stream toward my ultimate goal of eventually reaching the level where it can offset my regular expenses. I've hit a few speed bumps in achieving that goal over the years because companies I owned cut their dividends. One of those disappoint ...
Should 3M Stock Be Part of Your Portfolio Ahead of Q3 Earnings?
ZACKS· 2024-10-18 14:45
3M Company (MMM) is scheduled to release third-quarter 2024 results on Oct. 22, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for earnings is pegged at $1.93 per share, reflecting an increase of 0.5% in the past 60 days. The consensus mark implies a 28% decline from the year-ago reported actuals. The Zacks Consensus Estimate for revenues is pegged at $6.1 billion, indicating a 26.6% decrease year over year.Estimate MovementImage Sour ...
What Analyst Projections for Key Metrics Reveal About 3M (MMM) Q3 Earnings
ZACKS· 2024-10-17 14:21
Wall Street analysts expect 3M (MMM) to post quarterly earnings of $1.93 per share in its upcoming report, which indicates a year-over-year decline of 28%. Revenues are expected to be $6.1 billion, down 26.6% from the year-ago quarter.The current level reflects an upward revision of 2.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's earnin ...
14-year-old named America's Top Young Scientist for inventing an AI handheld pesticide detector
Prnewswire· 2024-10-16 13:30
ST. PAUL, Minn. and CHARLOTTE, N.C., Oct. 16, 2024 /PRNewswire/ -- 3M (@3M) and Discovery Education (@DiscoveryEd) named Sirish Subash, a 9th grader at Gwinnett School of Mathematics, Science, and Technology in Snellville, Georgia, the winner of the 2024 3M Young Scientist Challenge, the nation's premier middle school science competition. Sirish set himself apart with an AI handheld pesticide detector. As the grand prize winner, he received a $25,000 cash prize and the prestigious title of "America's Top Yo ...
3M (MMM) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
ZACKS· 2024-10-15 15:06
Wall Street expects a year-over-year decline in earnings on lower revenues when 3M (MMM) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 22. On the ot ...
3M (MMM) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-10 22:51
In the latest trading session, 3M (MMM) closed at $133.46, marking a -1.15% move from the previous day. This change lagged the S&P 500's 0.21% loss on the day. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.05%.The the stock of maker of Post-it notes, industrial coatings and ceramics has risen by 3.67% in the past month, lagging the Conglomerates sector's gain of 13.72% and the S&P 500's gain of 5.94%.The upcoming earnings release of 3M will be of great interest to ...
3M Surges 45.6% in Six Months: How Should You Play the Stock?
ZACKS· 2024-10-08 15:08
3M Company’s (MMM) shares have rallied 45.6% over the past six months, outperforming the Zacks Diversified Operations industry and the S&P 500’s growth of 12.1% and 10.6%, respectively. The diversified technology company has also outperformed other industry players like ITT Inc. (ITT) and Honeywell International Inc. (HON) , which have returned 12.8% and 2.5%, respectively, over the same time frame.MMM Stock’s Six-Month Price PerformanceImage Source: Zacks Investment ResearchClosing at $134.85 in the last t ...