3M Company · MMM · Next earnings

3M Company reports Tuesday, Oct 20, 2026

MMM reports before market open with consensus EPS at $2.40 and revenue at $6.62B. Last quarter: 3M Beats Estimates, Raises Guidance on 5.4% Organic Growth and EBO Momentum

Reports Before market open30 days awayDate estimated Industrials

What the street expects

Consensus for the coming report
Consensus EPS $2.40 Calendar consensus
Consensus revenue $6.62B Calendar consensus
Report date Oct 20, 2026 Tuesday, date estimated
Session Before market open 30 days away

Where MMM left off: FY2026 Q2

Full report

3M Beats Estimates, Raises Guidance on 5.4% Organic Growth and EBO Momentum

EPS surprise +6.7% Reported $2.40 vs $2.25
Revenue surprise +1.6% Reported $6.50B vs $6.40B
Stock move +7.3% Event window
Subsequent drift +6.9% Up to 20 sessions

Management raised full-year guidance for sales, EPS, and free cash flow, a clear upgrade from the prior quarter's maintained stance. The raise reflects Q2 momentum from commercial excellence, AI-enabled tools, and accelerating new-product introductions.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Capacity constraints at specific plants, such as the New Ulm cable accessories facility.
  • Softness in consumer electronics, auto aftermarket, and U.S. consumer spending.
  • Tariff impacts with lack of tariff refunds continuing to pressure earnings.
  • Oil price inflation affecting margins by approximately 20 basis points.
  • PFAS regulatory exposure from manufacturing asset exits.

Questions analysts left open

  • NPI timeline and class-3 vs class-4/5 product mix details
  • Sustainability of margin expansion and path to high-40% gross margin
  • Scalability and revenue upside of Expanded Beam Optics across hyperscalers
  • Impact of consumer electronics slowdown and memory-chip shortages
  • Effect of tariffs and oil price volatility on earnings

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Recent MMM quarters

All MMM earnings
+7.3%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.