MMM Stock Recent News

3M (MMM 1.40%) recently updated the market with its fourth-quarter earnings report, and management's comments essentially confirmed the bullish case for the stock. While its end markets remain mixed and its top-line growth rate muted, the company is progressing well in expanding margins and laying down the fundamentals for future growth.

3M Co (NYSE:MMM) stock is up 0.4% at $150.04 at last glance, brushing off the broad-market selloff and climbing back up toward its Jan. 22, three-year high of $152.07.

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3M NYSE: MMM faced many struggles but has overcome them and embarked on a new age of growth. Hurdles, including multiple legal issues, are in the rearview mirror, and the road ahead is clearer.

3M's focus on innovation and operational improvements under CEO Bill Brown may lead to significant top-line growth and margin expansion. Management is aiming to enhance supply chain efficiencies and increasing production launches while improving the firm's on-time, in-full deliveries. 3M has a substantial amount of inventory that may be worked down in the coming quarters, potentially acting as a tailwind for free cash flow generation in the coming years.

3M (NYSE: MMM) recently reported its Q4'24 results, with revenues and earnings beating the street estimates. The company reported adjusted revenue of $5.81 billion and earnings of $1.68 on a per-share and adjusted basis, compared to the consensus estimates of $5.78 billion and $1.66, respectively.

Eva Ados, ERshares COO and chief investment strategist, joins CNBC's 'Power Lunch' to share outlooks on three stocks.

The Investment Committee discuss how to trade some of their stocks on the move today.

3M Company (NYSE:MMM ) Q4 2024 Earnings Conference Call January 21, 2025 9:00 AM ET Company Participants Chinmay Trivedi - SVP of IR and FP&A Bill Brown - CEO Anurag Maheshwari - CFO Conference Call Participants Jeff Sprague - Vertical Research Scott Davis - Melius Research Nigel Coe - Wolfe Research Andrew Kaplowitz - Citigroup Julian Mitchell - Barclays Steve Tusa - JPMorgan Andrew Obin - Bank of America Amit Mehrotra - UBS Nicole DeBlase - Deutsche Bank Joe O'Dea - Wells Fargo Deane Dray - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the 3M Fourth Quarter Earnings Conference Call.

3M Co surged over 5% on Tuesday after the post-it note maker unveiled expectation-beating earnings and forecast profit to improve over the coming year. Fourth-quarter adjusted per-share earnings dropped by 2% to US$1.68, the manufacturer said on Tuesday, but were ahead of market expectations for US$1.66.