BUZZ-PREVIEW: 3M seen posting 26% year-on-year earnings drop

Reuters

Apr 22, 2025

BUZZ-PREVIEW: <a href="https://laohu8.com/S/MMM">3M</a> seen posting 26% year-on-year earnings drop

** Shares of 3M MMM.N falling 3.8% on Mon amid a broader selloff ahead of qtrly report due before market open on Tues

** Industrial conglomerate is expected to report adj EPS of $1.77, a 26.1% yr/yr decline, on rev of $5.76 bln vs $7.72 bln in Q1 2024, a 25.5% drop, according to LSEG data

** Co has beaten or met EPS estimates for all but one of eight most recent qtrs - last miss was Q4 2022, per LSEG

** On Feb 26, MMM said it would return at least $10 bln in cash to shareholders and targeted an operating margin of about 25% by 2027 due to restructuring under Bill Brown, the co's new CEO

** Of 19 analysts covering 3M, 12 rate stock "buy" or stronger, 5 recommend "hold," and 2 say "sell"; median PT of $155 versus current price of $125.28 - LSEG

** Options imply a 7.1% swing in either direction for MMM shares by Fri; that's exactly in line with the stock's average post-earnings move on the day of results over past eight quarters, according to Trade Alert

** So far in 2025, MMM has dropped ~3% vs the Dow's .DJI ~10.7% decline and S&P 500 Industrials .SPLRCI near 9% fall over the same time period

(Reporting by Stephen Culp; Additional reporting by Saqib Ahmed)

((stephen.culp@thomsonreuters.com; 646-223-6076;))

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median PT of $155 versus current price of <span>$125.28 </span>- LSEG</p><p>** Options imply a 7.1% swing in either direction for MMM shares by Fri; that's exactly in line with the stock's average post-earnings move on the day of results over past eight quarters, according to Trade Alert</p><p>\n<span> ** So far in 2025, MMM has dropped ~3% vs the Dow's <span>.DJI</span> ~10.7% decline and S&amp;P 500 Industrials <span>.SPLRCI</span> near 9% fall over the same time period</span>\n</p><p>(Reporting by Stephen Culp; Additional reporting by Saqib Ahmed)</p><p>((stephen.culp@thomsonreuters.com; 646-223-6076;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMM","symbol_name":"3M","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250421:nL1N3QV0PB:1","article_id":"2529334436","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529334436","pubTimestamp":1745263065,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-PREVIEW: 3M seen posting 26% year-on-year earnings drop** Shares of 3M MMM.N falling 3.8% on Mon amid a broader selloff ahead of qtrly report due before market open on Tues** Industrial conglomerate is expected to report adj EPS of $1.77, a 26.1% yr/yr decline, on rev of $5.76 bln vs $7.72 bln in Q1 2024, a 25.5% drop, according to LSEG data** Co has beaten or met EPS estimates for all but one of eight most recent qtrs - last miss was Q4 2022, per LSEG** On Feb 26, MMM said it would return at least $10 bln in cash to shareholders and targeted an operating margin of about 25% by 2027 due to restructuring under Bill Brown, the co's new CEO** Of 19 analysts covering 3M, 12 rate stock \"buy\" or stronger, 5 recommend \"hold,\" and 2 say \"sell\"; median PT of $155 versus current price of $125.28 - LSEG** Options imply a 7.1% swing in either direction for MMM shares by Fri; that's exactly in line with the stock's average post-earnings move on the day of results over past eight quarters, acco","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MMM":"3M"},"translate_title":"热点预览：3M盈利同比下降26%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMM":0.9},"content_text":"BUZZ-PREVIEW: 3M seen posting 26% year-on-year earnings drop** Shares of 3M MMM.N falling 3.8% on Mon amid a broader selloff ahead of qtrly report due before market open on Tues** Industrial conglomerate is expected to report adj EPS of $1.77, a 26.1% yr/yr decline, on rev of $5.76 bln vs $7.72 bln in Q1 2024, a 25.5% drop, according to LSEG data** Co has beaten or met EPS estimates for all but one of eight most recent qtrs - last miss was Q4 2022, per LSEG** On Feb 26, MMM said it would return at least $10 bln in cash to shareholders and targeted an operating margin of about 25% by 2027 due to restructuring under Bill Brown, the co's new CEO** Of 19 analysts covering 3M, 12 rate stock \"buy\" or stronger, 5 recommend \"hold,\" and 2 say \"sell\"; median PT of $155 versus current price of $125.28 - LSEG** Options imply a 7.1% swing in either direction for MMM shares by Fri; that's exactly in line with the stock's average post-earnings move on the day of results over past eight quarters, according to Trade Alert\n ** So far in 2025, MMM has dropped ~3% vs the Dow's .DJI ~10.7% decline and S&P 500 Industrials .SPLRCI near 9% fall over the same time period\n(Reporting by Stephen Culp; Additional reporting by Saqib Ahmed)((stephen.culp@thomsonreuters.com; 646-223-6076;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}