3M Company (MMM)
3M: Consolidating YTD Gains, Monitoring EPS Growth Into 2025
I reiterate 3M a hold due to its fair valuation near $130 per share and mixed technical indicators. Despite a strong mid-year rally and solid Q3 earnings, MMM's growth prospects and valuation multiples remain modest. Key risks include potential margin pressures, supply chain issues, and global GDP growth weakness, which could impact future performance.
3M Rises 23.4% in 6 Months: Time to Buy or Hold the Stock?
MMM is making strides in the transportation and electrical markets, which makes the stock worth a watch amid certain headwinds.
3M's Earnings Impress, Yet Analysts See Long Road Ahead With Cyclical Recovery And PFAS Risks
Analysts boosted the price target for 3M Company MMM following yesterday's strong third-quarter results.
3M Beats Estimates, but Sales in Two of Its Three Units Dropped
Shares of 3M (MMM) lost ground Tuesday as two of the diversified products maker's units posted sales declines.
Cut But Not Broken: 3M's Rebound Is Just Getting Started
3M Company's impressive recovery, marked by strong earnings growth and improved margins, positions it as a potential long-term dividend grower despite past setbacks. The company's focus on innovation, particularly in high-growth sectors like automotive and electronics, accelerates product development and operational efficiency. Robust free cash flow enables 3M to reward shareholders through dividends and buybacks, even after the dividend cut, signaling high-quality earnings.
3M Company (MMM) Q3 2024 Earnings Call Transcript
3M Company (NYSE:MMM ) Q3 2024 Earnings Call October 22, 2024 9:00 AM ET Company Participants Bruce Jermeland - Senior Vice President, Investor Relations Bill Brown - Chief Executive Officer Anurag Maheshwari - Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Andrew Obin - Bank of America Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Partners Julian Mitchell - Barclays Nicole DeBlase - Deutsche Bank Steve Tusa - JPMorgan Andy Kaplowitz - Citi Brett Linzey - Mizuho Securities Joe O'Dea - Wells Fargo Securities Joe Ritchie - Goldman Sachs Chris Snyder - Morgan Stanley Deane Dray - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the 3M Third Quarter Earnings Conference Call.
MMM's Q3 Earnings & Revenues Surpass Estimates, Increase Y/Y
3M reports revenue growth of 0.4% year over year in its third-quarter 2024 results.
Crude Oil Rises Sharply; 3M Posts Upbeat Earnings
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 50 points on Tuesday.
Compared to Estimates, 3M (MMM) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for 3M (MMM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
3M's stock climbs toward a near 3-year high after another upbeat earnings report
3M's stock rises toward a near 3-year high after another stellar earnings report.
3M Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
3M Company MMM will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 22.
