3M reported Q2 GAAP sales of $6.5 billion, up 2.4% year-on-year, with adjusted sales growing 5.5% driven by 5.4% organic growth. GAAP EPS rose 33% to $1.78, while adjusted EPS increased 11% to $2.40, supported by a 24.9% adjusted operating margin. The company generated $1.0 billion in operating cash flow and returned $1.4 billion to shareholders. 3M raised its full-year 2026 adjusted EPS guidance to $8.80-$8.95, citing strong first-half performance and strategic partnerships with Microsoft, Airbus, and Cadillac Formula 1. These collaborations focus on AI, advanced materials, and innovation, positioning 3M for continued growth and shareholder value creation.
3M reported strong Q2 2026 results with EPS of $2.40 beating estimates of $2.27 and revenue of $6.5 billion surpassing expectations. The 2.4% revenue growth was driven by a 5.4% rise in organic sales and strategic pricing. The company raised its full...
3M reported better-than-expected Q2 results with adjusted EPS of $2.40, beating estimates and up 11% year-over-year. Revenue reached $6.5 billion, surpassing forecasts, driven by 5.4% organic sales growth. Despite a GAAP operating margin decline, adj...
Wall Street futures rose Tuesday morning with Nasdaq up 1.3%, led by technology stocks like Nvidia, which gained momentum after investing in cloud provider Nebius. The market is reacting to President Trump's announcement of new 50% tariffs on various...
U.S. stock futures rose Tuesday as semiconductor stocks like Micron and Intel bounced back after last week's sell-off, supported by strong earnings from 3M and General Motors. The Dow gained on these earnings beats, while the Nasdaq led gains driven ...
