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.
Renasant: Q3 Earnings Snapshot
The Tupelo, Mississippi-based bank said it had earnings of $1.18 per share. Earnings, adjusted for one-time gains and costs, came to 70 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
3M Raises Full-year Adj. Earnings Guidance - Update
M (MMM) has updated guidance for full-year 2024 adjusted EPS from continuing operations to $7.20 to $7.30 from
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 Earnings Are Coming. Don’t Expect Another 23% Gain.
M reports third-quarter earnings Tuesday morning. Wall Street projects earnings per share of about $1.90 from sales of $6.1 billion, according to FactSet.
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 ...
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.
Mmm! Best friends talk about inspiration for Daisy's Chicken and Ice Cream
Best friends Danny Biller and Adam Corpus talke about their new business Daisy's Chicken and Ice Cream in Narragansett.
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3M (MMM) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
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 ...
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.
Cyndeo Wealth Partners LLC Reduces Stock Position in 3M (NYSE:MMM)
Cyndeo Wealth Partners LLC lessened its stake in shares of 3M (NYSE:MMM – Free Report) by 33.1% during the third quarter, ...
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.