For the quarter ended June 2026, 3M (MMM) reported revenue of $6.5 billion, up 5.6% over the same period last year. EPS came in at $2.40, compared to $2.16 in the year-ago quarter.
The reported revenue represents a surprise of +1.65% over the Zacks Consensus Estimate of $6.39 billion. With the consensus EPS estimate being $2.27, the EPS surprise was +5.73%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how 3M performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Safety and Industrial business- Total: $3.09 billion compared to the $3.02 billion average estimate based on two analysts. The reported number represents a change of +8.2% year over year. Adjusted Net Sales- Transportation and Electronics: $2.07 billion versus the two-analyst average estimate of $2.01 billion. Net Sales- Consumer business- Total: $1.25 billion versus the two-analyst average estimate of $1.29 billion. The reported number represents a year-over-year change of -1.8%. Adjusted operating income- Consumer: $252 million compared to the $271.73 million average estimate based on two analysts. Adjusted operating income- Transportation and Electronics: $503 million versus $485.15 million estimated by two analysts on average. Adjusted operating income- Safety and Industrial: $859 million versus the two-analyst average estimate of $809.96 million.View all Key Company Metrics for 3M here>>>
Shares of 3M have returned -2.5% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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3M Company (MMM): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).