3M Earnings Estimate
MMM Stock | USD 133.53 1.05 0.79% |
3M Revenue Breakdown by Earning Segment
By analyzing 3M's earnings estimates, investors can diagnose different trends across 3M's analyst sentiment over time as well as compare current estimates against different timeframes. As of the 30th of November 2024, Gross Profit is likely to drop to about 11 B. In addition to that, Pretax Profit Margin is likely to grow to -0.28
3M |
3M Earnings per Share Projection vs Actual
About 3M Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of 3M earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current 3M estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as 3M fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Last Reported | Projected for Next Year | ||
Retained Earnings | 37.5 B | 22.7 B | |
Retained Earnings Total Equity | 55.1 B | 40 B | |
Earnings Yield | (0.14) | (0.13) | |
Price Earnings Ratio | (7.24) | (6.88) | |
Price Earnings To Growth Ratio | 0.03 | 0.03 |
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Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 4.41 | Earnings Share 9.6 | Revenue Per Share 58.972 | Quarterly Revenue Growth 0.004 |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.