3M Poised to Beat Earnings Estimates Again Based on ESP and Rank Indicators

3M (MMM) has beaten earnings estimates in recent quarters, with an average surprise of 27% in the last 2 quarters.

The consensus EPS estimate for 3M's next quarterly report is $1.65, but the Zacks Earnings ESP predicts they could beat that.

Stocks with a positive Earnings ESP and Zacks Rank #3 or better beat estimates nearly 70% of the time.

3M currently has an Earnings ESP of +1.29% and a Zacks Rank of 3, indicating another potential beat.

3M's next earnings report is expected on October 24, 2023. Checking the Earnings ESP can help predict earnings surprises.