3M's stock rallies toward a 4-year high after an earnings beat and raised outlook

Dow Jones
Jul 18, 2025

MW 3M's stock rallies toward a 4-year high after an earnings beat and raised outlook

Shares of 3M Co. $(MMM.AU)$ rallied 2.5% in premarket trading Friday, toward a fresh four-year high, after the maker of Post-it Notes, Scotch tape and Command strips reported second-quarter results that exceeded expectations and raised its full-year outlook, as strength in adhesives, home improvement and electrical markets offset weakness in autos.

Adjusted earnings per share, which excludes nonrecurring items, rose to $2.16 from $1.93 in the same period a year ago, and beat the FactSet EPS consensus of $2.01.

Adjusted sales grew 2.3% to $6.2 billion, the highest sales amount in five quarter, and above the FactSet consensus of $6.12 billion, amid

For 2025, the company raised is guidance range for adjusted EPS to $7.75 to $8, including expected impacts from tariffs, from $7.60 to $7.90.

The stock has run up 23.2% in 2025 to close Thursday at the highest price since Sept. 3, 2021. In comparison, the Dow Jones Industrial Average, of which the stock is a component, has gained 4.6% this year.

(This is breaking news. Check back for updates.)

-Tomi Kilgore

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

July 18, 2025 06:41 ET (10:41 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10