3m co mmm shares fell 19 in premarket trades on tuesday after the company fell short of revenue estimates and cut its 2022 profit view on economic headwinds although it delivered strongerthanexpected quarterly results 3ms thirdquarter profit more than doubled to 386 billion or 677 a share from 143 billion or 245 a share in the yearago quarter excluding onetime items adjusted earnings were 269 a share in the latest quarter revenue at the maker of adhesives and sticky notes fell to 862 billion from 894 billion wall street analysts expected 3m to earn 260 a share on revenue of 871 billion according to factset data looking ahead 3m said its trimming its 2022 adjusted earnings target to 1010 a share to 1035 a share from its earlier estimate of 1030 to 1080 a share due to a stronger us dollar and an uncertain macroeconomic environment analysts currently expected 2022 earnings of 1030 a share during the third quarter 3m divested its food safety business and began spinning off its health care business resulting in two worldclass public companies 3m said