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3M Stock Rises 7.32% to $170.76 After Beating Q2 EPS, Raising 2026 Guidance

GateNews
Stocks
MMM0.11%

According to Yonhap Infomax, 3M's stock rose 7.32% to $170.76 on July 21. The company reported adjusted second-quarter earnings per share of $2.40, beating the consensus estimate of $2.25, while adjusted operating margins improved to 24.9%.

3M raised its full-year adjusted EPS guidance to $8.80-$8.95, above Wall Street's prior estimate of $8.74, signaling its multi-year turnaround plan is progressing as planned.

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