3M Stock To Trade Higher Post Q4?

3M Company (NYSE: MMM) is scheduled to report its Q4 2022 results on Tuesday, January 24. We expect the company to post revenue and earnings slightly above the street expectations. The company should benefit from steady demand for its healthcare and consumer offerings. However, a continued fall in demand for respirators and the strengthening U.S. dollar will likely weigh on the overall top and bottom-line expansion. We expect MMM stock to trend higher post its Q4 results. Furthermore, our forecast indicates that MMM stock has more room for growth, as discussed below. Our interactive dashboard analysis of the 3M Earnings Preview has additional details.

(1) Revenues expected to be above the consensus estimates