3M Company

MMM

US88579Y1010

Consumer Goods Conglomerates

Market Closed - Nyse Other stock markets 04:01:52 2024-04-19 pm EDT			5-day change	1st Jan Change
92.27 ^USD	+0.86%		+1.05%	-15.60%

Apr. 17	JPMorgan Cuts 3M's Price Target to $110 From $118, Keeps Neutral Rating	MT
Apr. 11	3M Invests in Cleantech Firm Evoloh	MT

3M Company Reports Earnings Results for the First Quarter Ended March 31, 2022

April 26, 2022 at 06:33 am EDT

3M Company reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 8,829 million compared to USD 8,851 million a year ago. Net income was USD 1,299 million compared to USD 1,624 million a year ago. Basic earnings per share from continuing operations was USD 2.27 compared to USD 2.8 a year ago. Diluted earnings per share from continuing operations was USD 2.26 compared to USD 2.77 a year ago.

Latest news about 3M Company

JPMorgan Cuts 3M's Price Target to $110 From $118, Keeps Neutral Rating	Apr. 17	MT
3M Invests in Cleantech Firm Evoloh	Apr. 11	MT
US employment boom leaves factory workers behind	Apr. 04	RE
Global markets live: UBS, AT&T, Tesla, United Airlines, Humana, Wanda...	Apr. 02
3M's Solventum Spinoff Results in Modest Model Updates, RBC Capital Markets Says	Apr. 02	MT
RBC Cuts Price Target on 3M to $78 From $84 to Reflect Spinoff of Solventum, Keeps Underperform Rating	Apr. 02	MT
Barclays Adjusts 3M's Price Target to $107 From $105.35, Maintains Overweight Rating	Apr. 02	MT
Economic Data Leave Equity Markets Mixed; Yields Surge	Apr. 01	MT
Swing to Expansion in Manufacturing Restrains US Equity Indexes as Treasury Yields Surge	Apr. 01	MT
US Equity Indexes Decline as Swing to Expansion in Manufacturing Helps Push Treasury Yields Higher	Apr. 01	MT
3M Gains Final Court Approval For Water Pollution Settlement; Completes Solventum Spinoff	Apr. 01	MT
Top Premarket Decliners	Apr. 01	MT
3M's $10.3 Billion PFAS Settlement Gets Final Approval	Apr. 01	DJ
3M Company completed the Spin-Off of Solventum Corporation.	Mar. 31	CI
Solventum, GE Vernova to Join S&P 500 Index	Mar. 28	MT
S&P 500 to add 3M and GE spin-offs, replacing VF and Dentsply Sirona	Mar. 27	RE
3M Invests in Hydrogen Electrolyzer Manufacturer Evoloh	Mar. 26	MT
3M Boosts Investment in Evoloh as Part of Green Hydrogen Push	Mar. 26	DJ
3M: towards final resolution of earplug dispute	Mar. 26	CF
3M Says $6 Billion Earplug Settlement Moves to Final Resolution	Mar. 26	DJ
3M: launches new shipping material	Mar. 25	CF
3M Introduces Innovation to Help Redefine Shipping and Packaging	Mar. 25	CI
3M: Solventum IPO launched	Mar. 19	CF
All eyes on the Fed	Mar. 19
Transcript : 3M Company - Analyst/Investor Day	Mar. 19

Chart 3M Company

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Company Profile

3M Company is an industrial group organized around four product families: - industrial products, safety and graphics materials (33.5% of net sales including intra-group): abrasive products, adhesives, cleaners, air and liquid filtration systems, anti-slip coating products, fire protection systems, road signage products, etc. The group also provides display equipment and graphics systems; - electronics and energy products (26%): interconnection products, connectors, optical components, etc.; - healthcare products (25.1%): orthopedic, chirurgical and respiratory materials, feminine hygiene products, dental products, etc.; - consumer goods (15.4%): adhesive tape, self-adhesive papers, filters, projectors, screen supports, etc. Net sales are distributed geographically as follows: Americas (56.2%), Asia/Pacific (25.9%), and Europe/Middle East/Africa (17.9%).

Sector

Consumer Goods Conglomerates

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

Dow Jones Industrial , S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

3M Company : Another mega-cap under pressure

October 13, 2023 at 05:49 am EDT

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Ratings for 3M Company

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

92.27 USD

Average target price

100.1 USD

Spread / Average Target

+8.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Consumer Goods Conglomerates

	1st Jan change	Capi.
3M COMPANY	-15.60%	50.62B
BERKSHIRE HATHAWAY INC.	+12.65%	865B
INTERNATIONAL HOLDING COMPANY	0.00%	239B
GE AEROSPACE	+16.01%	167B
HONEYWELL INTERNATIONAL INC.	-7.37%	124B
HITACHI, LTD.	+31.07%	82.45B
ILLINOIS TOOL WORKS INC.	-4.38%	74.34B
ALPHA DHABI HOLDING	-20.32%	41.22B
MITSUBISHI ELECTRIC CORPORATION	+22.96%	33.68B
MITSUBISHI HEAVY INDUSTRIES, LTD.	+64.91%	30.09B

Consumer Goods Conglomerates

3M Company

Equities

MMM

US88579Y1010

Consumer Goods Conglomerates

3M Company Reports Earnings Results for the First Quarter Ended March 31, 2022

EPS Revisions