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Barchart

Wajeeh Khan

Ahead of 3M Earnings, Here's What Barchart Data Says Comes Next for MMM Stock

3M (MMM) shares have inched higher in recent sessions, but the options market believes the rally could hit a pause after the company’s earnings on Oct. 20. Consensus is for the industrial giant to report $2.41 in earnings per share (EPS) for its fiscal third quarter, which would represent about 10% growth on a year-over-year basis.

Heading into the quarterly release, 3M stock is hovering around the same price at which it started this year.

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