3M reports Q3 earnings beating estimates and expands relationship with Amazon
MMM 3M Co
$162.01 -1.66%
View chart & analysis → - 13M recorded Q3 earnings per share of $2.50, exceeding analysts' Q3 estimate of $2.39.
- 23M expanded its commercial relationship with Amazon by issuing warrants valued at over $521 million.
- 33M projected 2026 earnings per share to be between $9.10 and $9.15.
So what's the key point?
3M earned more money than experts expected. The company is broadening its cooperation with Amazon and forecasting higher profits for 2026.
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