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§ Companies / MMM / Earnings

MMM earnings

3M CO — automated research on every print, the model's read of every earnings call, and the numbers against estimates.

Next report October 20, 2026 consensus EPS 2.39
§ Recent prints / EPS vs consensus
Reported EPS Consensus Surprise
Jul 21, 2026 2.40 2.25 +6.7%
Apr 21, 2026 2.14 1.98 +8.1%
Jan 20, 2026 1.83 1.80 +1.7%
Oct 21, 2025 2.19 2.07 +5.8%
§ Research / every print, covered
MMM Q2 FY2026 earnings: EPS beat by 6.7%, revenue beat by 1.6%
Equipment Desk · RegardingSemi Engine · Jul 21, 2026

3M CO reported Q2 FY2026. EPS came in at $2.40 against a $2.25 consensus, beat by 6.7%. Revenue was $6.5B versus $6.4B expected, beat by 1.6%. Gross margin was 41.3%, up 60 bps from last quarter.

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3M CO Q1 FY2026: Steady Performance with Positive Cash Flow and Margins
Equipment Desk · RegardingSemi Engine · Apr 21, 2026

3M CO's Q1 FY2026 earnings report reflects a steady performance, with a slight revenue miss and an EPS beat. The company's focus on operational efficiency and cash flow management is evident, setting a positive tone for the year ahead.

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3M’s Q4 beat is not a revenue story, it is a 2026 self-help margin wager
Equipment Desk · RegardingSemi Engine · Jan 20, 2026

3M CO cleared EPS by +1.7% while missing revenue by -0.1%, and the actionable point is that management is asking investors to underwrite 70 to 80 basis points of 2026 margin expansion on self-help rather than demand acceleration. The market was priced for roughly flat top line delivery against $6,004.3 million, but the surprise was a cost, cash, and buyback framework that can support EPS even if the approximately 3% organic sales guide proves ordinary.

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3M’s Q3 Beat Was Not Macro Luck, It Was Factory and Product Velocity Repricing the Base
Equipment Desk · RegardingSemi Engine · Oct 21, 2025

3M CO beat because management is converting service levels, new-product cadence, and operating discipline into revenue growth above a muted end-market backdrop. The market likely priced in another low-growth industrial quarter, but the print argues the debate should shift to whether 3M can hold a higher organic-growth and margin algorithm into the next reset.

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§ Latest call — key points
  1. Sees FY 2019 organic sales growth of high-3s or better.

the fully annotated calls →

§ Earnings calls on file / full text, model-annotated
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