3M (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, before the market opens.
3M (NYSE: MMM) will report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with revenue of $6.12 billion and earnings of $1.88 per share, compared to the consensus estimates of $6.06 billion and $1.90, respectively.
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As MMM gears up to report third-quarter results, let us find out how the expectations stack up and whether it is the right time to buy the stock.
The 3M stock price has done well this year, making it one of the best-performing companies in the S&P 500 index. It has soared to a high of $140.70, its highest point since September 21, and by over 105% from its lowest point in 2023.
Get a deeper insight into the potential performance of 3M (MMM) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
3M (MMM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
3M (MMM) concluded the recent trading session at $133.46, signifying a -1.15% move from its prior day's close.
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3M (MMM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
MMM is strategically positioned, leveraging its strong foothold in several key end markets amid certain challenges.
3M (MMM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.