Overview
- The company posted adjusted EPS of $1.83 versus $1.80 expected and revenue of $6.02 billion versus $6.01 billion forecast.
- 3M projected 2026 adjusted EPS of $8.50 to $8.70, with a midpoint a penny below the Street’s $8.61 estimate.
- The stock fell roughly 4% in premarket trading following the outlook.
- Operating margin rose to 23.4% from 21.4% a year earlier on cost cuts, pricing and commercial execution.
- Consumer segment sales declined 1.2% year over year as U.S. retail demand softened, while the company touted 284 new products in 2025 and targets a 25% margin by end-2027.