Core Viewpoint - 3M Company is set to release its third-quarter earnings results on October 21, with expectations of increased earnings and revenue compared to the previous year [1] Earnings Expectations - Analysts predict 3M will report earnings of $2.07 per share for the third quarter, an increase from $1.98 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $6.25 billion, up from $6.07 billion a year earlier [1] Recent Performance and Analyst Ratings - On July 18, 3M reported better-than-expected second-quarter results and raised its FY25 adjusted EPS guidance, leading to a 1.4% increase in share price to close at $154.78 [2] - Various analysts have maintained or adjusted their ratings and price targets for 3M, with JP Morgan raising the target from $175 to $178 [4] - Citigroup increased its price target from $160 to $169, while Wells Fargo raised it from $170 to $176 [4] - Barclays also raised its target from $170 to $172, and RBC Capital adjusted its target from $98 to $100 [4]
3M Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - 3M (NYSE:MMM)