Benzinga | Jan 25, 2022 07:11AM EST

3M: Q4 Earnings Insights



3M (NYSE:MMM) reported its Q4 earnings results on Tuesday, January 25, 2022 at 06:30 AM.

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

Earnings

3M beat estimated earnings by 14.93%, reporting an EPS of $2.31 versus an estimate of $2.01, which surprised analysts.

Revenue was up $29.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.25, which was followed by a 2.15% drop in the share price the next day.

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



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 2.20 2.26 2.29 2.15EPS Actual 2.45 2.59 2.77 2.38Revenue Estimate 8.67B 8.55B 8.47B 8.40BRevenue Actual 8.94B 8.95B 8.85B 8.58B

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