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3M Earnings Calls
| Release date | Apr 21, 2026 |
| EPS estimate | $1.98 |
| EPS actual | $2.14 |
| EPS Surprise | 8.08% |
| Revenue estimate | 6.005B |
| Revenue actual | 6B |
| Revenue Surprise | -0.0910% |
| Release date | Jan 20, 2026 |
| EPS estimate | $1.80 |
| EPS actual | $1.83 |
| EPS Surprise | 1.67% |
| Revenue estimate | 6.004B |
| Revenue actual | 6B |
| Revenue Surprise | -0.0723% |
| Release date | Oct 21, 2025 |
| EPS estimate | $2.07 |
| EPS actual | $2.19 |
| EPS Surprise | 5.80% |
| Revenue estimate | 6.247B |
| Revenue actual | 6.517B |
| Revenue Surprise | 4.32% |
| Release date | Jul 18, 2025 |
| EPS estimate | $2.01 |
| EPS actual | $2.16 |
| EPS Surprise | 7.46% |
| Revenue estimate | 6.118B |
| Revenue actual | 6.344B |
| Revenue Surprise | 3.69% |
Last 4 Quarters for 3M
Below you can see how MMM performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 18, 2025 |
| Price on release | $153.23 |
| EPS estimate | $2.01 |
| EPS actual | $2.16 |
| EPS surprise | 7.46% |
| Date | Price |
|---|---|
| Jul 14, 2025 | $157.91 |
| Jul 15, 2025 | $156.59 |
| Jul 16, 2025 | $157.56 |
| Jul 17, 2025 | $159.04 |
| Jul 18, 2025 | $153.23 |
| Jul 21, 2025 | $152.82 |
| Jul 22, 2025 | $151.20 |
| Jul 23, 2025 | $150.82 |
| Jul 24, 2025 | $149.30 |
| 4 days before | -2.96% |
| 4 days after | -2.56% |
| On release day | -0.268% |
| Change in period | -5.45% |
| Release date | Oct 21, 2025 |
| Price on release | $166.64 |
| EPS estimate | $2.07 |
| EPS actual | $2.19 |
| EPS surprise | 5.80% |
| Date | Price |
|---|---|
| Oct 15, 2025 | $153.47 |
| Oct 16, 2025 | $151.41 |
| Oct 17, 2025 | $152.64 |
| Oct 20, 2025 | $154.78 |
| Oct 21, 2025 | $166.64 |
| Oct 22, 2025 | $167.23 |
| Oct 23, 2025 | $171.60 |
| Oct 24, 2025 | $168.50 |
| Oct 27, 2025 | $168.40 |
| 4 days before | 8.58% |
| 4 days after | 1.06% |
| On release day | 0.354% |
| Change in period | 9.73% |
| Release date | Jan 20, 2026 |
| Price on release | $156.09 |
| EPS estimate | $1.80 |
| EPS actual | $1.83 |
| EPS surprise | 1.67% |
| Date | Price |
|---|---|
| Jan 13, 2026 | $169.42 |
| Jan 14, 2026 | $169.99 |
| Jan 15, 2026 | $171.10 |
| Jan 16, 2026 | $167.80 |
| Jan 20, 2026 | $156.09 |
| Jan 21, 2026 | $155.89 |
| Jan 22, 2026 | $160.63 |
| Jan 23, 2026 | $162.68 |
| Jan 26, 2026 | $159.52 |
| 4 days before | -7.87% |
| 4 days after | 2.20% |
| On release day | -0.128% |
| Change in period | -5.84% |
| Release date | Apr 21, 2026 |
| Price on release | $148.47 |
| EPS estimate | $1.98 |
| EPS actual | $2.14 |
| EPS surprise | 8.08% |
| Date | Price |
|---|---|
| Apr 15, 2026 | $151.24 |
| Apr 16, 2026 | $150.55 |
| Apr 17, 2026 | $154.55 |
| Apr 20, 2026 | $151.40 |
| Apr 21, 2026 | $148.47 |
| Apr 22, 2026 | $145.78 |
| Apr 23, 2026 | $144.84 |
| Apr 24, 2026 | $145.99 |
| Apr 27, 2026 | $145.77 |
| 4 days before | -1.83% |
| 4 days after | -1.82% |
| On release day | -1.81% |
| Change in period | -3.62% |
3M Earnings Call Transcript Summary of Q1 2026
3M delivered a solid start to 2026 with Q1 EPS of $2.14 (up mid-teens YoY), adjusted operating margin of 23.8% (+30 bps YoY) and adjusted free cash flow of ~$540 million (up ~10%). Organic sales grew 1.2% in the quarter with orders up >10% and backlog increasing double digits, driven by strength in industrial, safety, semiconductor and data center end markets. The company returned $2.4 billion to shareholders in Q1, including $2.0 billion of opportunistic share repurchases. Management reiterated full-year 2026 guidance: organic sales growth of ~3%, EPS range $8.50–$8.70, and free cash flow >$4.5 billion with >100% conversion. Key strategic and operational highlights include accelerating NPI (84 product launches in Q1; on pace for 350 in 2026), commercial excellence initiatives (closed ~$80M of cross-sell vs. a $100M 3-year target and ~$85M pipeline), ongoing transformation to simplify and automate the footprint (projected manufacturing sites below 100; $250M+ automation investment over 3 years), and the Madison Fire & Rescue acquisition to strengthen the safety vertical. Management flagged cost pressure from higher oil-derived raw materials (~$125M impact) and is implementing price actions (company expects ~1.3 percentage points of price for the year, including ~50 bps tied to oil). They retained a conservative contingency of $0.05–$0.15 of EPS for macro/oil uncertainty. Data-center opportunity with Expanded Beam Optics (EBO) was emphasized as a high-growth priority, with plans to more than double capacity to meet AI/data center demand. Overall tone: confidence in execution, cautious about macro/oil risks, and focused on productivity, portfolio shaping and accelerating higher-margin growth areas.
