3M: Q2 Earnings Insights - 3M (NYSE:MMM)

3M MMM reported its Q2 earnings results on Tuesday, July 26, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

3M beat estimated earnings by 1.22%, reporting an EPS of $2.48 versus an estimate of $2.45.

Revenue was down $248.00 million from the same period last year.

Last quarter the company beat on EPS by $0.34 which was followed by a 0.01% drop in the share price the next day.

Here's a look at 3M's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	2.31	2.01	2.20	2.26
EPS Actual	2.65	2.31	2.45	2.59
Revenue Estimate	8.74B	8.59B	8.67B	8.55B
Revenue Actual	8.83B	8.61B	8.94B	8.95B

To track all earnings releases for 3M visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.