Earnings Forecast Research on 3M Company (MMM)

3M Company has received $2.07 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $2.04 while the top line estimate is $2.1 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 0.89%.

3M Company reported better than expected with a surprise EPS of 0.53% or $0.01 during its most recent quarterly earnings. The Actual EPS was $1.88 compared to the Estimated EPS of $1.87. St Paul based 3M Company Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 25, 2017.

3M Company has a Price to Earnings ratio of 21.5 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 10.12. For the Most Recent Fiscal Year, 3M Company has a price to cash ratio of 15.71. For the Trailing twelve month period, company showed a Net Profit Margin of 16.77% and Return on Equity of the stock is 43.82%.

In the last quarter, 3M Company reported Annual Earnings of $1.88. Based on the filings, last years Annual Earnings was, $8.16. In the last Quarter, MMM reported a surprise Earnings per Share of 0.53% . The consensus estimate for current quarter is $2.07 and for the current fiscal year, the estimate is $8.63. For the Next fiscal year, the estimate is $9.39 based on the consensus.

3M Company (NYSE:MMM) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.6 points or 0.34% at $174.82 with 1,845,543 shares getting traded. Post opening the session at $174.74, the shares hit an intraday low of $173.81 and an intraday high of $175.46 and the price was in this range throughout the day. The company has a market cap of $104,320 million and the number of outstanding shares has been calculated to be 596,726,280 shares. The 52-week high of 3M Company (NYSE:MMM) is $182.27 and the 52-week low is $146.05.

3M Company is a diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses. They are an integrated enterprise characterized by substantial intercompany cooperation in research, manufacturing and marketing of products.


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