3M Company (NYSE: MMM) is scheduled to release first-quarter 2024 results on Apr 30, before market open. The company has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 18.5%. In the last reported quarter, its earnings of $2.42 per share surpassed the consensus estimate of $2.31 by 4.8%. Transportation & Electronics Revenues to Aid Q1 Results Solid momentum across the advanced materials business, commercial solutions business and strength across the auto original equipment manufacturer business, driven by increasing demand for global car and light truck bills, are likely to have augmented the Transportation and Electronics segment's revenues in the first quarter. The acquisition of technology assets of LeanTec (April 2022), which strengthened the company's ability to deliver a more connected, digital bodyshop solution via its RepairStack Performance Solutions, is also expected to have supported the company's results in the soon-to-be-reported quarter. 3M is expected to have benefited from its restructuring actions, including headcount reduction, which are likely to have reduced costs and improved margins, in the first quarter. The company's operational execution, restructuring savings and spending discipline are likely to have positively impacted its results. Not All Roses, Some Brickbats as Well The decreasing demand for disposable respirators is expected to have hurt 3M's Safety and Industrial segment. The ...