Can 3M’s Adjusted EPS Beat Wall Street’s Q3 Expectations?
Wall Street expects 3M (MMM) to post adjusted EPS of $2.70 in the third quarter, an increase of ~15.9% compared to the third quarter of 2017. In the third quarter of 2017, 3M reported adjusted EPS of $2.33. Further, 3M has downgraded the top end of its adjusted EPS guidance twice.