3M Company (MMM) Q1 2021 Earnings Results

3M Co Beats on EPS, Stock Down 2.59%

3M Co's earnings report shows a strong performance in EPS, beating expectations significantly. However, the stock reacted negatively, declining by 2.59%. This drop may be attributed to investors' concerns about the lack of revenue details and ongoing supply chain issues.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$2.77	N/A	+23.00%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management conveyed a sense of cautious optimism about the company’s performance. They noted challenges but emphasized resilience in key areas.

Management highlighted strong performance in certain segments despite ongoing challenges.

They acknowledged supply chain disruptions but expressed confidence in long-term growth.

3M Co Beats on EPS, Stock Down 2.59%

Key numbers

Management commentary

3M Company

More earnings this week

3M Co Beats on EPS, Stock Down 2.59%

Key numbers

Management commentary