3M Company (NYSE:MMM) Yearly Sales Target At $7477.61


The EPS projection of 3M Company (NYSE:MMM) for quarter ended 2016-09-30 is $2.17. A week before, the EPS forecast was $2.17 against target of $2.17, a month earlier. This estimate stood at $2.17 60 days earlier versus forecast of $2.17 90 days earlier, confirming a deviation of 0%.

3M Company (NYSE:MMM) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 3.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 1, 1, 0 and 1, respectively.

The downgrade of EPS estimates for 3M Company (NYSE:MMM) in the preceding 120, 60, 30 and 90 days were 3, 4, 1 and 3, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of 3M Company (NYSE:MMM) was $2.17. This projection was computed after accounting 7 calls. As reported on 2016-04-26 the EPS was $2.05. The change was $0.13, demonstrating a percentage deviation of 6.77%. The projections confirmed a standard deviation of 0.07.

Quarterly Sales Estimates

For the fiscal 2016, the yearly sales target for 3M Company (NYSE:MMM) stands at $7477.61 and the median estimate at $7519.72. Almost 4 analysts announced their estimates.

The highest estimate is $7586 while the lowest target is $7285 showing standard deviation of 135.333%.

As many as 4 analysts released sales estimates reised in upside while 4 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 4 revised sales number projection on upside while 4 lowered the sales target, demonstrating a deviation of 0%.

A quarter ago, 4 hiked sales estimations and 4 reduced sales forecast. 3M Company (NYSE:MMM) stated that the change in forecast was 0.209%.

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