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Saint Paul, Minnesota-based Solventum Corporation (SOLV) develops, manufactures, and commercializes a broad portfolio of solutions that leverages material & data science, clinical research, and digital capabilities. With a market cap of $12.7 billion, Solventum employs over 20,000 people in its 300+ offices and facilities spread across 38 countries. It was recently spun off by 3M Company (MMM) on Apr. 1.
Solventum is expected to announce its fourth-quarter results on Thursday, Feb. 6. Ahead of the event analysts expect SOLV to report a non-GAAP profit of $1.31 per share. The company has a mixed earnings surprise history. It has surpassed Wall Street’s earnings estimates twice over the past three quarters while missing on one other occasion.