3M (MMM) earnings for the quarter ended September 2026: EPS beats estimates
3M reported results for the quarter ended September 2026 on October 20, 2026. Adjusted earnings per share came in at $2.46 against the analysts’ average forecast of $2.38, a beat of 3.2%.
Revenue for the quarter was $6.58 billion, up 1.0% from $6.52 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 5.8% on the first trading day after the report.
The last four quarters
3M has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.46 | $2.38 | +3.2% | +1% | +5.8% |
| Jun 2026 | $2.40 | $2.25 | +6.8% | +2% | +7.3% |
| Mar 2026 | $2.14 | $1.98 | +7.9% | +1% | −3.7% |
| Sep 2025 | $2.19 | $2.07 | +5.6% | +4% | +8.0% |
What comes next
Analysts expect EPS of $2.03 for the next quarter on average and $9.13 for the fiscal year ending December 31, 2026.
The average analyst price target is $193.43, 5% above the current price of $183.66.
Valuation and score
3M scores 1.4 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 27.4, and its intrinsic value under moderate assumptions is about 52% below the current market value. Full 3M analysis with 10 years of financials
Frequently asked questions
What was 3M’s EPS for the quarter ended September 2026?
$2.46 adjusted per share, against an analyst consensus of $2.38.
How much revenue did 3M report?
$6.58 billion, up 1.0% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.