3M Earnings: Your Sneak Peek to the Big Announcement

3M (NYSE:MMM) will report earnings before markets open on Thursday, July 25th. 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.

Here is your Cheat Sheet to 3m Earnings:

Earnings Expectations: Analysts expect earnings of $1.71 per share on revenues of $7.77 billion. Currently, the company’s P/E ratio stands at 18.21.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.8 to a profit $1.78. For the current year, the average estimate is a profit of $6.71, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how 3m has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 25,269 23,123 26,662 29,611 29,904
Diluted EPS ($) 4.89 4.52 5.63 5.96 6.32

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 7,534.00 7,497.00 7,387.00 7,634.00
Diluted EPS ($) 1.66 1.65 1.41 1.61

Past Performance:
3m has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)