3M Company beat Wall Street expectations for the second quarter of 2025 and raised its full-year outlook, helped by stronger margins and steady demand across its diversified portfolio. Adjusted earnings rose 12% from a year earlier to $2.16 a share, topping the $2.01 average analyst estimate, while revenue increased 1.4% to $6.3 billion, about $200 million above forecasts. Organic sales grew 1.5%, and the adjusted operating margin widened to 24.5%, up 290 basis points year-on-year. On the back of the stronger performance, the maker of Post-it notes and Scotch tape lifted its 2025 adjusted earnings forecast to a range of $7.75 to $8.00 a share from $7.60 to $7.90 previously. The company now anticipates adjusted total sales growth of roughly 2.5%, compared with a prior target of 0.5% to 1.5%. The revised guidance factors in the recently implemented 145% U.S. tariff on Chinese goods, which 3M estimates will trim $0.20 to $0.40 a share from profit this year. Operating cash flow in the quarter was $1.3 billion, and the company returned $1.3 billion to shareholders through dividends and buybacks. Investors welcomed the results; the stock gained about 3% to 4% in pre-market trading, touching its highest level in four years.
3M posts double beat, raises guidance for FY2025: ~EPS: $2.16 vs $2.01 est ~REV: $6.20B vs $6.09B est ~Raises FY2025 EPS guidance from $7.60-$7.90 to $7.75-$8.00 vs $7.68 est https://t.co/poy5S2szJ5 $MMM 🟢 +3% in pre-market https://t.co/pNT9dNI1QA
$MMM +3.4% [3M beat Q2 earnings/revenue, raising full-year EPS guidance to $7.75-$8.00 (midpoint $7.87). Strong results, positive organic sales (1.5% Q2), and FX benefits offset "soft" consumer markets. Guidance includes tariffs.] https://t.co/zQiep6XwN7 https://t.co/BzloswAthC
$MMM (+3.5% pre) 3M Boosts FY Outlook After Earnings Beat https://t.co/oFnkMynyKN