Shares of 3M Co. (NYSE:MMM) rose 2.7% in premarket trading on Friday after the industrial giant delivered better-than-expected second-quarter results and boosted its full-year guidance, showing resilience despite ongoing tariff-related challenges.
For the second quarter, 3M reported adjusted earnings per share of $2.16, beating Wall Street’s estimate of $2.01. Revenue climbed to $6.3 billion, topping the consensus projection of $6.1 billion and marking a 1.4% increase year-over-year. The company’s adjusted organic sales rose 1.5%, marking the third straight quarter of growth across its three core business units.
“We delivered strong results in the second quarter, posting positive organic sales growth and double-digit EPS growth,” said William Brown, 3M Chairman and CEO. “Our 3M eXcellence operating model is the foundation for delivering on each of our strategic priorities, and it drives the operating rigor and rhythm of our performance culture.”
3M also saw a notable improvement in its adjusted operating margin, which expanded to 24.5%—a 290 basis point increase compared to the same period in 2024. That operational efficiency contributed to a 12% rise in adjusted EPS year-over-year.
Buoyed by its strong quarter, the company raised its full-year 2025 forecast. It now anticipates adjusted earnings per share between $7.75 and $8.00, up from a prior range of $7.60 to $7.90. The updated outlook surpasses the average analyst estimate of $7.67 and reflects the anticipated impact of tariffs. Total adjusted sales growth for the year is now projected at around 2.5%.
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