3M Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Key takeaways
- 3M is expected to post higher Q3 earnings and revenue, potentially boosting its stock ahead of the earnings call.
- EPS Q3 forecast: $2.39
- Revenue Q3 forecast: $6.61 billion
- Year‑ago EPS: $2.19
What happened
3M Company (NYSE: MMM) is set to report its third‑quarter earnings on Oct. 20, with analysts forecasting earnings per share of $2.39, up from $2.19 a year earlier, and revenue of $6.61 billion, higher than last year’s $6.32 billion.
Why it matters
The guidance signals stronger profitability and revenue growth, which can influence investor sentiment and trading activity ahead of the earnings release. 3M’s performance also reflects its recent product mix and cost‑control initiatives, providing a benchmark for the industrial sector.
Short-term and longer-term
Short-term. Over the next few days, traders should watch the earnings call for confirmation of the $2.39 EPS and $6.61 billion revenue figures.
Longer-term. For investors, the earnings release is a key data point for assessing 3M’s near‑term profitability trajectory and its guidance for FY26.