3M reports Tuesday, January 1, 2015 on Investing.com. The revenue fell below analysts’ expectations and the forecasts were beaten by 3M.

3M declared earnings per share (EPS) of $2.65 on $8.8B in revenue. Investing.com polled analysts and predicted EPS at $2.32 for revenue $8.83B.

The 3M share price is down 16% since the start of the year. However, it’s still lower by 28.88% than its 52-week high of $208.95 on May 10, 2021. They are under-performing the S&P 500 which is down 9.86% from the start of the year.

This month, 3M is following other significant Industrials sector earnings

3M’s earnings report comes after United Parcel Service reported an earnings beat on Tuesday. They reported EPS at $3.05 for revenue $24.38B. This compares to the forecasted EPS at $2.89 for revenue $23.82B.

Union Pacific beat all expectations with a first quarter earnings per share of $2.57 on $5.86B in revenue, as compared to a forecast of EPS at $2.56 for $5.71B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar