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3M (MMM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2026, 3M (MMM - Free Report) reported revenue of $6 billion, up 3.9% over the same period last year. EPS came in at $2.14, compared to $1.88 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.02 billion, representing a surprise of -0.2%. The company delivered an EPS surprise of +6.16%, with the consensus EPS estimate being $2.02.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how 3M performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Total Safety and Industrial business segment: $2.93 billion compared to the $2.9 billion average estimate based on two analysts. The reported number represents a change of +6.7% year over year.
Net Sales- Transportation and Electronics (non-GAAP measures): $1.85 billion compared to the $1.87 billion average estimate based on two analysts.
Net Sales- Total Consumer business segment: $1.13 billion compared to the $1.14 billion average estimate based on two analysts. The reported number represents a change of +0.6% year over year.
Operating Income (non-GAAP measures)- Consumer: $217 million compared to the $218.98 million average estimate based on two analysts.
Operating Income (non-GAAP measures)- Transportation and Electronics: $399 million versus $414.7 million estimated by two analysts on average.
Operating Income (non-GAAP measures)- Safety and Industrial: $776 million versus $778.02 million estimated by two analysts on average.
Shares of 3M have returned +3.3% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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3M (MMM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2026, 3M (MMM - Free Report) reported revenue of $6 billion, up 3.9% over the same period last year. EPS came in at $2.14, compared to $1.88 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.02 billion, representing a surprise of -0.2%. The company delivered an EPS surprise of +6.16%, with the consensus EPS estimate being $2.02.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how 3M performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for 3M here>>>
Shares of 3M have returned +3.3% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.