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Valued at a market cap of almost $71 billion, 3M Company (MMM) provides diversified technology services and serves a diversified customer base. The Saint Paul, Minnesota-based company primarily operates in the fields of industry, worker safety, and consumer goods. It is expected to announce its fiscalQ4 earnings results on Tuesday, Jan. 28.
Ahead of this event, analysts expect the tech company to report a profit of $1.65 per share, significantly down 31.8% from $2.42 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's bottom-line estimates in the last four quarters. In Q3, MMM’s adjusted EPS of $1.98 outpaced the consensus estimates by a margin of 2.6%.