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  • 11 hours ago
3M topped earnings estimates and issued strong 2026 guidance, though shares edged slightly lower after the results.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:033M reported fourth quarter 2025 adjusted earnings of $1.83 per share on $6.023 billion in sales,
00:11beating Wall Street estimates, according to Benzinga.
00:14The company said adjusted earnings per share rose 9% year over year to $1.83,
00:20topping the street estimate of $1.80. 3M issued 2026 adjusted EPS guidance of $8.50
00:29to $8.70 and adjusted sales guidance of about $25.250 billion, above estimates.
00:36Bank of America Securities analyst Andrew Obin raised his EPS estimates
00:41while maintaining a buy rating and a $200 price target.
00:46Obin said, safety and industrial drove results,
00:49consumer underperformed during the holiday season,
00:51and cost-cutting efforts remain on track.
00:53Shares were down by 0.15% at $155.88, according to Benzinga ProData.
01:01For all things money, visit Benzinga.com.
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