GM, MMM, NVS, NOC, HAS and DHI all outperformed expectations on their quarterly reports this morning.
3M NYSE: MMM reported stronger-than-expected second-quarter results, with executives citing gains from commercial execution, new product introductions and productivity initiatives as the company raised its full-year outlook for sales, earnings and free cash flow.
3M MMM shares rallied about 10% on Tuesday after the industrial conglomerate reported better-than-expected second-quarter earnings and raised its full-year profit forecast, citing pricing actions, cost reductions and resilient demand across key industrial businesses. The company also said it expects price increases to fully offset a larger inflation hit from rising oil prices, offering investors confidence that margins will remain protected despite elevated input costs.
Although the revenue and EPS for 3M (MMM) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
3M Co (NYSE:MMM) shares rose about 9% in early trade on Tuesday after the industrial conglomerate reported second-quarter adjusted earnings and revenue above Wall Street expectations and increased its full-year 2026 earnings guidance. The company reported adjusted earnings per share of $2.40 for the quarter, ahead of the consensus estimate of $2.24 and up 11% from a year earlier.
3M increased its full-year targets after reporting strong momentum in the first half of the year, with higher profit and sales in the second quarter.
Tuesday, 3M reported better-than-expected second-quarter earnings and raised its full year financial outlook.
With General Motors (NYSE:GM | GM Price Prediction) and 3M (NYSE:MMM) both set to report Q2 2026 results before the open on Tuesday, the question for investors positioning ahead of the earnings report is which one Wall Street is more bullish on right now.
MMM heads into Q2 results with revenue and earnings growth expected as key segments stay resilient despite higher costs.
Beyond analysts' top-and-bottom-line estimates for 3M (MMM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.
3M (MMM) is scheduled to report second-quarter earnings before the open on Tuesday, July 21. According to Zacks Research, analysts expect earnings of $2.27 per share on $6.38 billion in revenue, representing year-over-year growth of 5.1%.
MMM faces ongoing Consumer segment pressure from weak discretionary spending and housing demand, but cost optimization and a diversified portfolio may support growth.