3M Raises 2026 Profit Guidance to $8.80 Per Share After Earnings Beat

businesscompany-earnings 3 posts · 3 accounts

3M reported second-quarter adjusted earnings of $2.40 per share, beating estimates of $2.24, as revenue of $6.5 billion exceeded forecasts. The results, driven by mid-single-digit sales growth and an operating margin of 24.9%, led the company to raise its full-year 2026 adjusted profit forecast to between $8.80 and $8.95 per share.

The updated outlook projects total sales growth exceeding 4.5% and operating margin expansion of 70 to 80 basis points for the full year. Management noted that the guidance excludes the recently completed acquisition of Madison Fire & Rescue. Additionally, the company announced that Microsoft will deploy its Expanded Beam Optics technology for artificial intelligence data center infrastructure.

From the sources (3 posts)

@stockmktnewz

3M $MMM JUST REPORTED EARNINGS EPS of $2.40 beating expectations of $2.25🟢 Revenue of $6.5B beating expectations of $6.4B🟢

@financialjuice

$MMM 3M Q2 Earnings Rev. $6.5B Adj. Oper margin 24.9%, est. 24.7% Sees FY Adj. EPS $8.80 to $8.95 Sees FY adjusted total sales above +4.5% Sees FY organic sales above +3.5%

@wallstengine

3M $MMM Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $6.5B (Est. $6.4B) 🟢; +2.4% YoY 🔹 Adj. EPS: $2.40 (Est. $2.24) 🟢; +11% YoY 🔹 Adj. Oper Margin: 24.9%; +40 bps YoY Raises Adj. FY26 Guide: 🔹 EPS: $8.80-$8.95 (Est. $8.74) 🟢 🔹 Total Sales Growth:

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