3M (MMM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
3M (MMM) last issued guidance on July 21, 2026 for fiscal year 2026. The company guided earnings per share in the range of $8.8 - $8.95, compared to a consensus EPS estimate of $8.71. 3M also guided revenue in the range of $23.19B - $25.37B for the period.
Compared to prior guidance, 3M raised its EPS outlook from a previous range of $8.5 - $8.7. On the revenue side, the company lowered its revenue forecast from a prior range of $25.25B - $25.25B.
3M has issued 25 guidance updates between October 25, 2022 and July 21, 2026. During this period, the company raised its outlook 10 times and lowered it 7 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.24 | $2.00 | $1.81 | $2.08 |
| Actual | $2.40 | $2.14 | $1.83 | $2.19 |
| Surprise | +7.14% | +7.00% | +1.10% | +5.29% |
| Revenue | ||||
| Estimate | $6.39B | $6.01B | $6.04B | $6.25B |
| Actual | $6.50B | $6.00B | $6.02B | $6.30B |
| Surprise | +1.75% | -0.15% | -0.23% | +0.78% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $2.39 | $2.01 | $2.24 | $2.59 |
| Revenue | ||||
| Consensus | $6.62B | $6.31B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 21, 2026 | $2.40 | $2.24 | 7.14 % |
| Q1 | Apr 21, 2026 | $2.14 | $2.00 | 7.00 % |
| Q4 | Jan 20, 2026 | $1.83 | $1.81 | 1.10 % |
| Q3 | Oct 21, 2025 | $2.19 | $2.08 | 5.29 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 21, 2026 | $6.50B | $6.39B | 1.75 % |
| Q1 | Apr 21, 2026 | $6.00B | $6.01B | -0.15 % |
| Q4 | Jan 20, 2026 | $6.02B | $6.04B | -0.23 % |
| Q3 | Oct 21, 2025 | $6.30B | $6.25B | 0.78 % |