3M Co.  (MMM - Get Report) is expected to report net income of $1.2 billion, or $2.05 a share, on sales of $8 billion before the market opens on Thursday, based on a FactSet survey of 15 analysts.

In the same period a year ago, the company posted earnings of $2.59 a share on sales of $8.4 billion. It reported net income of $602 million.

The stock has fallen 6.9% since the company last reported earnings on Apr. 25.

Quarterly estimates have fallen 3.7 cents a share in the past month.

3M is currently trading at a price-to-forward-earnings ratio of 18.2 based on the 12-month estimates of 16 analysts surveyed by FactSet.

In the upcoming quarter analysts are forecasting net income of $1.5 billion, or $2.59 a share, on sales of $8.3 billion.

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