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3M beats Q3 earnings estimates and raises full-year profit forecast on strong sales and cost control

Company Fundamentals
20 Oct 2026
Alex Lavoie
View Source
Bullish
3M beats Q3 earnings estimates and raises full-year profit forecast on strong sales and cost control

3M reported strong Q3 2026 earnings with adjusted EPS of $2.50, beating estimates of $2.38, and GAAP profit rising to $1.37 billion from $834 million a year earlier. Sales reached $6.6 billion, slightly below estimates, but showed 3.3% organic growth. The company improved operating margins and raised its full-year adjusted earnings guidance to $9.10–$9.15 per share, driven by cost controls, price increases, and robust sales growth. CEO William Brown highlighted these factors as key to the positive outlook, supported by solid operating and free cash flow.

3M's market cap stands at $83.55 billion as of Oct 20, 2026, 21:21 WIB, with a dividend yield of 1.93%. On Pluang, the stock price is $170.06, showing a strong 1-day gain of 4.92%, reflecting active trading with a volume of 3,651,509 shares. This trading activity occurs alongside the company's raised full-year earnings guidance and improved operating margins.

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