Earnings Estimates

Analyst Ratings

1-Strong Buy	3
2-Buy	7
3-Hold	8
4-Underperform	0
5-Sell	1

Mean Recommendation: 2.4
Sell		Strong Buy

Analyst Forecasts -
							Last Month Revisions
Fiscal Period		Mean	High	Low	Median	# of Estimates	#Up	#Down	Mean % Change
Annual	Dec 11	5.44	5.70	4.80	5.50	11	2	0	2.14
Annual	Dec 10	4.91	5.10	4.45	4.95	17	4	1	2.17
Annual	Dec 09	4.57	4.65	4.50	4.55	13	4	0	0.00
Quarterly	Dec 09	1.19	1.26	1.15	1.17	12	10	0	11.35
Quarterly	Mar 10	1.11	1.20	1.00	1.13	6	1	0	0.15
Quarterly	Jun 10	1.26	1.29	1.21	1.26	6	1	0	0.13
Quarterly	Sep 10	1.37	1.45	1.29	1.37	6	1	0	0.49
Long Term Growth		10.58	12.50	9.00	10.40	4	1	1	-3.70

Actuals -
		Excluding Special Items	Mean Estimate	Surprise % Change
Annual	Dec 08	5.17	5.13	0.87
Quarterly	Dec 08	0.97	0.93	3.85
Quarterly	Mar 09	0.81	0.86	-5.36
Quarterly	Jun 09	1.20	0.94	27.21
Quarterly	Sep 09	1.37	1.17	16.94
Annual	Dec 07	4.98	4.97	0.21
Annual	Dec 06	4.49	4.54	-1.18

Data Provided by Thomson Reuters

Disclaimer: Mean Earnings Estimates are calculated by First Call based on the earnings projections made by the analysts who cover 3M Company. Please note that any opinions, estimates or forecasts regarding 3M Company's performance made by these analysts (and therefore the Mean estimate numbers) are theirs alone and do not represent opinions, forecasts or predictions of 3M Company or its management. 3M Company does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

3M Stock Information