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Barchart
Barchart
Aditya Sarawgi

3M Company's Quarterly Earnings Preview: What You Need to Know

Saint Paul, Minnesota-based 3M Company (MMM) is a diversified conglomerate, operating through Safety and Industrial, Transportation and Electronics, and Consumer segments. With a market cap of $79.2 billion, 3M produces thousands of products, including adhesives, passive fire protection, window films, car-care products, and more, under various brands.

The conglomerate is set to announce its Q3 results before the market opens on Tuesday, Oct. 21. Ahead of the event, analysts expect 3M to report a non-GAAP profit of $2.11 per share, up 6.6% from $1.98 per share reported in the year-ago quarter. The company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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