3M Company (MMM) Q3 2022 Earnings Call Transcript

Oct. 25, 2022 2:38 PM ET3M Company (MMM) StockMMM1 Comment
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Q3: 2022-10-25 Earnings Summary

EPS of $2.69 beats by $0.10
 | Revenue of $8.62B (-3.61% Y/Y) misses by $80.53M

3M Company (NYSE:MMM) Q3 2022 Earnings Conference Call October 25, 2022 9:00 AM ET

Company Participants

Bruce Jermeland - Senior Vice President, Investor Relations
Mike Roman - Chairman and CEO
Monish Patolawala - Chief Financial and Transformation Officer

Conference Call Participants

Scott Davis - Melius Research
Andrew Obin - Bank of America
Joe Ritchie - Goldman Sachs
Chris Snyder - UBS
Andrew Kaplowitz - Citigroup
Stephen Tusa - JPMorgan Securities
Julian Mitchell - Barclays
Nigel Coe - Wolfe Research
Deane Dray - RBC Capital Markets

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the 3M Third Quarter Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded, Tuesday, October 25, 2022.

I would now like to turn the call over to Bruce Jermeland, Senior Vice President of Investor Relations at 3M.

Bruce Jermeland

Thank you, and good morning, everyone, and welcome to our third quarter earnings conference call. With me today are Mike Roman, 3M’s Chairman and Chief Executive Officer; Monish Patolawala, our Chief Financial and Transformation Officer. Mike and Monish will make some formal comments and then we will take your questions.

Please note that today’s earnings release and slide presentation accompanying this call are posted on the homepage of our Investor Relations website at 3m.com.

Please turn to slide two. Please take a moment to read the forward-looking statement. During today’s conference call, we will be making certain predictive statements that reflect our current views about 3M’s future performance and financial results.

These statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Item 1A of our most recent Form 10-K lists some of the most important

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