3M Company (MMM)
3M Company (MMM) Q4 2024 Earnings Call Transcript
3M Company (NYSE:MMM ) Q4 2024 Earnings Conference Call January 21, 2025 9:00 AM ET Company Participants Chinmay Trivedi - SVP of IR and FP&A Bill Brown - CEO Anurag Maheshwari - CFO Conference Call Participants Jeff Sprague - Vertical Research Scott Davis - Melius Research Nigel Coe - Wolfe Research Andrew Kaplowitz - Citigroup Julian Mitchell - Barclays Steve Tusa - JPMorgan Andrew Obin - Bank of America Amit Mehrotra - UBS Nicole DeBlase - Deutsche Bank Joe O'Dea - Wells Fargo Deane Dray - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the 3M Fourth Quarter Earnings Conference Call.
3M hits three-year high as earnings beat paves way for stronger profit
3M Co surged over 5% on Tuesday after the post-it note maker unveiled expectation-beating earnings and forecast profit to improve over the coming year. Fourth-quarter adjusted per-share earnings dropped by 2% to US$1.68, the manufacturer said on Tuesday, but were ahead of market expectations for US$1.66.
MMM's Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
3M reports adjusted revenue growth of 2.2% year over year in its fourth-quarter 2024 results.
3M Stock Surges on Better-Than-Expected Results
3M (MMM) shares surged Tuesday after the industrial conglomerate topped fourth-quarter profit and sales estimates on higher demand for a wide range of its products.
Here's Why 3M Stock Spiked Higher Today
Shares in industrial conglomerate 3M (MMM 4.12%) spiked by 6% in early morning trading as the market warmed to the company's fourth-quarter earnings report.
S&P500: 3M Earnings Drive Industrials Higher, Tech Stocks Mixed
Dow Jones and S&P500 rise as Trump's softer tariff tone eases trade fears. 3M, Moderna lead sector gains, while Apple dips on weak AI outlook.
3M (MMM) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for 3M (MMM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
3M: Q4 Earnings Beat Amid Legal Woes
3M (MMM 1.33%), the global conglomerate known for its innovative products in diverse sectors like healthcare and consumer goods, reported fourth-quarter earnings on Tuesday, Jan. 21, that topped analyst estimates. Adjusted earnings per share (EPS) of $1.68 slightly exceeded the analyst consensus of $1.66.
3M's stock rises as company targets growth this year
3M has had a busy year with its second quarter, marking a fresh start of sorts for the 122-year-old company.
3M Beats Earnings Estimates. Growth Is Picking Up.
3M reports earnings per share of $1.68 from sales of $6 billion. Wall Street was looking for earnings of $1.66 from sales of $5.8 billion.
Is 3M Stock a Buy Before February 26?
3M (MMM 1.33%) probably isn't going to make the average investor a millionaire. Nevertheless, the potential for significant long-term returns exists, contingent on management's successful restructuring for growth.
