**3M (MMM) has beaten EPS estimates in 14 of the past 15 quarters, with a median positive surprise near 6-7%, driving the 94% market-implied probability of another beat for Q3 2026.** Recent results reinforce this pattern: Q2 2026 delivered $2.40 EPS versus the $2.25-$2.27 consensus (roughly 6% beat) alongside $6.50 billion revenue and an upward revision to full-year 2026 guidance. Analyst consensus for the October 20 release centers on approximately $2.39 EPS and $6.6-6.8 billion revenue, with estimates showing modest upward drift over recent months. Persistent operating margin expansion and free-cash-flow strength underpin trader confidence. Potential offsets include softer industrial demand, adverse currency moves, or execution shortfalls in key segments that could compress the surprise relative to elevated expectations.