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,
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
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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.
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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
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Cyndeo Wealth Partners LLC Reduces Stock Position in 3M (NYSE:MMM)
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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.
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 ...