3M (NYSE:MMM) reported its Q4 earnings results on Tuesday, January 25, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
3M beat estimated earnings by 14.93%, reporting an EPS of $2.31 versus an estimate of $2.01, which surprised analysts.
Revenue was up $29.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25, which was followed by a 2.15% drop in the share price the next day.
Here's a look at 3M's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.20 | 2.26 | 2.29 | 2.15 |
| EPS Actual | 2.45 | 2.59 | 2.77 | 2.38 |
| Revenue Estimate | 8.67B | 8.55B | 8.47B | 8.40B |
| Revenue Actual | 8.94B | 8.95B | 8.85B | 8.58B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
