3M Earnings Estimate

MMM Stock  USD 141.03  1.85  1.33%   
The next projected EPS of 3M is estimated to be 1.67 with future projections ranging from a low of 1.811425 to a high of 1.8375. 3M's most recent 12-month trailing earnings per share (EPS TTM) is at 9.6. Please be aware that the consensus of earnings estimates for 3M Company is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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3M is projected to generate 1.67 in earnings per share on the 31st of December 2024. 3M earnings estimates show analyst consensus about projected 3M Company EPS (Earning Per Share). It derives the highest and the lowest estimates based on 3M's historical volatility. Many public companies, such as 3M, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

3M Revenue Breakdown by Earning Segment

By analyzing 3M's earnings estimates, investors can diagnose different trends across 3M's analyst sentiment over time as well as compare current estimates against different timeframes. As of the 18th of January 2025, Gross Profit is likely to drop to about 11 B. In addition to that, Pretax Profit Margin is likely to grow to -0.25
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

3M Earnings Estimation Breakdown

The calculation of 3M's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of 3M is estimated to be 1.67 with the future projection ranging from a low of 1.811425 to a high of 1.8375. Please be aware that this consensus of annual earnings estimates for 3M Company is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.98
1.81
Lowest
Expected EPS
1.67
1.84
Highest

3M Earnings Projection Consensus

Suppose the current estimates of 3M's value are higher than the current market price of the 3M stock. In this case, investors may conclude that 3M is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and 3M's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
1990.43%
1.98
1.67
9.6

3M Earnings History

Earnings estimate consensus by 3M Company analysts from Wall Street is used by the market to judge 3M's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only 3M's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

3M Quarterly Gross Profit

2.65 Billion

As of the 18th of January 2025, Price Earnings To Growth Ratio is likely to grow to 0.04, while Retained Earnings are likely to drop about 22.7 B. As of the 18th of January 2025, Common Stock Shares Outstanding is likely to grow to about 606.9 M, while Net Income Applicable To Common Shares is likely to drop about 4.4 B.
Hype
Prediction
LowEstimatedHigh
139.24140.79142.34
Details
Intrinsic
Valuation
LowRealHigh
128.69130.24155.13
Details
19 Analysts
Consensus
LowTargetHigh
133.08146.24162.32
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of 3M assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards 3M. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving 3M's stock price in the short term.

3M Earnings per Share Projection vs Actual

Actual Earning per Share of 3M refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering 3M Company predict the company's earnings will be in the future. The higher the earnings per share of 3M, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

3M Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as 3M, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of 3M should always be considered in relation to other companies to make a more educated investment decision.

3M Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact 3M's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-22
2024-09-301.911.980.07
2024-07-26
2024-06-301.681.930.2514 
2024-04-30
2024-03-312.12.390.2913 
2024-01-23
2023-12-312.312.420.11
2023-10-24
2023-09-302.342.680.3414 
2023-07-25
2023-06-301.722.170.4526 
2023-04-25
2023-03-311.581.970.3924 
2023-01-24
2022-12-312.362.28-0.08
2022-10-25
2022-09-302.62.690.09
2022-07-26
2022-06-302.422.480.06
2022-04-26
2022-03-312.312.650.3414 
2022-01-25
2021-12-312.012.310.314 
2021-10-26
2021-09-302.22.450.2511 
2021-07-27
2021-06-302.282.590.3113 
2021-04-27
2021-03-312.292.770.4820 
2021-01-26
2020-12-312.152.380.2310 
2020-10-27
2020-09-302.262.430.17
2020-07-28
2020-06-301.81.78-0.02
2020-04-28
2020-03-312.032.160.13
2020-01-28
2019-12-312.12.150.05
2019-10-24
2019-09-302.492.580.09
2019-07-25
2019-06-302.052.20.15
2019-04-25
2019-03-312.492.23-0.2610 
2019-01-29
2018-12-312.282.310.03
2018-10-23
2018-09-302.72.58-0.12
2018-07-24
2018-06-302.582.590.01
2018-04-24
2018-03-312.52.50.0
2018-01-25
2017-12-312.012.10.09
2017-10-24
2017-09-302.212.330.12
2017-07-25
2017-06-302.542.25-0.2911 
2017-04-25
2017-03-312.062.160.1
2017-01-24
2016-12-311.871.880.01
2016-10-25
2016-09-302.142.150.01
2016-07-26
2016-06-302.072.080.01
2016-04-26
2016-03-311.922.050.13
2016-01-26
2015-12-311.631.660.03
2015-10-22
2015-09-3022.050.05
2015-07-23
2015-06-3022.020.02
2015-04-23
2015-03-311.921.950.03
2015-01-27
2014-12-311.81.810.01
2014-10-23
2014-09-301.961.980.02
2014-07-24
2014-06-301.911.910.0
2014-04-24
2014-03-311.81.79-0.01
2014-01-30
2013-12-311.621.620.0
2013-10-24
2013-09-301.751.780.03
2013-07-25
2013-06-301.71.710.01
2013-04-25
2013-03-311.651.61-0.04
2013-01-24
2012-12-311.411.410.0
2012-10-23
2012-09-301.651.650.0
2012-07-26
2012-06-301.651.660.01
2012-04-24
2012-03-311.491.630.14
2012-01-26
2011-12-311.311.350.04
2011-10-25
2011-09-301.611.52-0.09
2011-07-26
2011-06-301.61.60.0
2011-04-26
2011-03-311.441.490.05
2011-01-25
2010-12-311.271.280.01
2010-10-28
2010-09-301.511.530.02
2010-07-22
2010-06-301.481.540.06
2010-04-27
2010-03-311.211.40.1915 
2010-01-28
2009-12-311.211.30.09
2009-10-22
2009-09-301.171.370.217 
2009-07-23
2009-06-300.941.20.2627 
2009-04-24
2009-03-310.860.81-0.05
2009-01-29
2008-12-310.930.970.04
2008-10-21
2008-09-301.381.420.04
2008-07-24
2008-06-301.351.390.04
2008-04-24
2008-03-311.351.380.03
2008-01-29
2007-12-311.171.190.02
2007-10-19
2007-09-301.281.290.01
2007-07-26
2007-06-301.181.230.05
2007-04-26
2007-03-311.121.280.1614 
2007-01-30
2006-12-311.141.1-0.04
2006-10-20
2006-09-301.121.170.05
2006-07-25
2006-06-301.071.05-0.02
2006-04-21
2006-03-311.141.170.03
2006-01-24
2005-12-311.031.040.01
2005-10-18
2005-09-301.081.10.02
2005-07-18
2005-06-301.091.090.0
2005-04-18
2005-03-311.011.030.02
2005-01-18
2004-12-310.910.910.0
2004-10-18
2004-09-300.980.97-0.01
2004-07-19
2004-06-300.960.970.01
2004-04-19
2004-03-310.870.90.03
2004-01-20
2003-12-310.760.770.01
2003-10-20
2003-09-300.790.830.04
2003-07-21
2003-06-300.750.780.03
2003-04-21
2003-03-310.70.710.01
2003-01-21
2002-12-310.640.650.01
2002-10-21
2002-09-300.690.690.0
2002-07-22
2002-06-300.670.680.01
2002-04-22
2002-03-310.590.620.03
2002-01-18
2001-12-310.490.490.0
2001-10-22
2001-09-300.550.550.0
2001-07-23
2001-06-300.560.560.0
2001-04-23
2001-03-310.580.580.0
2001-01-24
2000-12-310.60.56-0.04
2000-10-23
2000-09-300.610.630.02
2000-07-26
2000-06-300.580.590.01
2000-04-25
2000-03-310.540.560.02
2000-01-26
1999-12-310.510.550.04
1999-10-25
1999-09-300.530.570.04
1999-07-29
1999-06-300.50.520.02
1999-04-30
1999-03-310.460.480.02
1999-01-25
1998-12-310.40.430.03
1998-10-22
1998-09-300.490.490.0
1998-07-23
1998-06-300.460.480.02
1998-04-28
1998-03-310.50.49-0.01
1998-01-27
1997-12-310.460.45-0.01
1997-10-22
1997-09-300.520.530.01
1997-07-23
1997-06-300.510.510.0
1997-04-22
1997-03-310.490.50.01
1997-01-28
1996-12-310.440.450.01
1996-10-25
1996-09-300.460.480.02
1996-07-29
1996-06-300.450.460.01
1996-05-02
1996-03-310.440.440.0

About 3M Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of 3M earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current 3M estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as 3M fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings43.1 B22.7 B
Retained Earnings Total Equity55.1 B40 B
Earnings Yield(0.16)(0.15)
Price Earnings Ratio(8.32)(7.91)
Price Earnings To Growth Ratio 0.04  0.04 

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When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
4.41
Earnings Share
9.6
Revenue Per Share
58.972
Quarterly Revenue Growth
0.004
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.