3M (NYSE:MMM) Surprises With Q3 Sales
Industrial conglomerate 3M (NYSE:MMM) announced better-than-expected revenue in Q3 CY2024, but sales fell 21.5% year on year to $6.29 billion. Its non-GAAP profit of $1.98 per share was also 4.1% above analysts’ consensus estimates.
3M Q3 Earnings Preview
We estimate 3M’s valuation to be $117 per share, about 13% below its current price of $135. At its current levels, MMM stock is trading at 19x forward expected earnings of $7.21 in 2024. The 19x figure is higher than the stock’s average P/E ratio of 15x over the last three years.
3M Q3 earnings report today: Will it boost MMM stock?
M (NYSE: MMM), the diversified industrial giant known for its wide range of products, including adhesives and personal protective equipment, is set to release its third-quarter 2024 earnings on October 22,
3M Company (MMM) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call October 22, 2024 9:00 AM ETCompany ParticipantsBruce Jermeland - Senior Vice President, Investor
CrossFirst: Q3 Earnings Snapshot
The bank, based in Leawood, Kansas, said it had earnings of 39 cents per share. Earnings, adjusted for one-time gains and costs, came to 43 cents per share. The results beat Wall Street expectations.
Orrstown: Q3 Earnings Snapshot
(ORRF)...
3M (MMM) Q3 2024 Earnings Call Transcript
Welcome to the 3M third quarter earnings conference call. [Operator instructions] As a reminder, this call is being recorded Tuesday, October 22, 2024. I would now like to turn the call over to Bruce Jermeland,
3M Co. Q3 Earnings Summary
Earnings: $1.372 billion in Q3 vs. -$2.075 billion in the same period last year. EPS: $2.48 in Q3 vs. -$3.74 in the same period last year. Excluding items, 3M Co. reported adjusted earnings of $1.095 billion or $1.
Packaging Corp.: Q3 Earnings Snapshot
The maker of containerboard and corrugated packaging products posted revenue of $2.18 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expecte
USANA Health: Q3 Earnings Snapshot
USANA Health expects full-year earnings to be $2.45 per share, with revenue expected to be $850 million. This story was generated by Automated Insights ( using data from Zacks Investment Research. Ac
3M's shares slide to reverse earlier jump to 2-yr on earnings results
M’s (NYSE:MMM) shares touched a two-year high on Tuesday before falling as much as 3% after reporting quarterly results. U.S.
3M stock closes 2.3% lower on Tuesday
3M (MMM) closed at $131.73 on Tuesday, 2.3% lower on the day. The Minnesota-based company reported fiscal Q3 earnings on ...
3M raises annual profit forecast, explores sale of small businesses
U.S. industrial conglomerate 3M Co raised the lower end of its full-year adjusted profit forecast on Tuesday, anticipating a ...
3M requires managers to return to office 3 days a week
New 3M CEO is asking managers to return to office for collaboration days, moving away from remote-friendly policy.
MM&M5h
J&J’s Tremfya TV ad calls out psoriasis diagnosis gap for patients of color
J&J said its latest TV ad, which highlights the psoriasis experience among people of color, is part of its broader effort to address health disparities.
J.P. Morgan Reaffirms Their Buy Rating on 3M (MMM)
J.P. Morgan analyst Stephen Tusa maintained a Buy rating on 3M (MMM – Research Report) today. The company’s shares opened today at ...
4 stocks to watch on Tuesday: MMM, TXN and more
U.S. stocks on Tuesday were lower, as investors parsed through a slew of quarterly results from several high-profile names.
3M Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
M Company (NYSE:MMM) will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 22.