3M (MMM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Group 1 - 3M reported revenue of $5.78 billion for Q1 2025, a year-over-year decline of 27.8%, with EPS of $1.88 compared to $2.39 a year ago [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $5.79 billion, resulting in a surprise of -0.11%, while the EPS exceeded the consensus estimate of $1.77 by +6.21% [1] - Over the past month, 3M shares returned -17.7%, underperforming the Zacks S&P 500 composite's -8.9% change [3] Group 2 - Net Sales in the Safety and Industrial segment were $2.75 billion, slightly above the average estimate of $2.74 billion [4] - Net Sales in the Corporate and Unallocated segment were $95 million, exceeding the average estimate of $81.33 million [4] - Net Sales in the Consumer segment were $1.12 billion, below the average estimate of $1.15 billion [4] - Net Sales in the Transportation and Electronics segment were $1.99 billion, surpassing the average estimate of $1.83 billion [4] - Operating Income (non-GAAP) in the Transportation and Electronics segment was $390 million, below the average estimate of $413.51 million [4] - Operating Income (non-GAAP) in the Safety and Industrial segment was $699 million, exceeding the average estimate of $624.60 million [4]