3M Company (NYSE:MMM) Quarterly Earnings Preview

Summary
3M Company (NYSE:MMM) Quarterly Earnings Preview
Analysts expect an earnings per share (EPS) of $2.01 and revenue of approximately $6.05 billion for the upcoming quarterly earnings. The Safety and Industrial, and Transportation and Electronics segments are anticipated to drive 3M's earnings growth, benefiting from increased demand in specific areas. Despite challenges such as consumer market softness and foreign exchange headwinds, 3M has consistently surpassed earnings expectations in the last four quarters.
3M Company, listed on the NYSE under the symbol MMM, is a diversified technology company known for its wide range of products in sectors like industrial, safety, and consumer goods. As 3M prepares to release its quarterly earnings on July 18, 2025, analysts expect an earnings per share (EPS) of $2.01 and revenue of approximately $6.05 billion.
The industrial and aerospace sectors are expected to drive 3M's earnings growth. The Safety and Industrial segment likely benefits from increased demand for roofing granules and cable accessories. The Transportation and Electronics segment is anticipated to gain from aerospace strength and recent project wins, as highlighted by the company's strategic focus on these areas.
Despite these positive factors, 3M faces challenges such as consumer market softness and foreign exchange headwinds. These issues could impact the company's financial performance, even as restructuring efforts aim to reduce costs. In the previous quarter, 3M's EPS of $1.88 exceeded the consensus estimate of $1.77, marking a 6.2% surprise, and the company has consistently surpassed earnings expectations in the last four quarters.
Analysts have revised the consensus EPS estimate upward by 1.4% over the past 30 days, indicating a positive reassessment of 3M's financial prospects. Such revisions often predict potential investor actions and correlate strongly with short-term stock price movements. Despite a high debt-to-equity ratio of approximately 3.15, 3M maintains a current ratio of about 1.66, reflecting its ability to cover short-term liabilities with its short-term assets.