Stock Track | 3M Soars 5.27% in Pre-market on Strong Q2 Results and Guidance Raise
Stock Track
Jul 21
3M Company's stock surged 5.27% in pre-market trading on Tuesday, following the release of its second-quarter 2026 financial results.
The industrial conglomerate reported adjusted sales of $6,500 million for the quarter, exceeding the Ibes estimate of $6,405 million. The company also demonstrated robust performance with organic growth of 5.4%.
Investors reacted positively to 3M's increased full-year guidance, which now projects adjusted EPS in the range of USD 8.8-8.95 and adjusted operating cash flow of USD 5,800-6,000 million. The better-than-expected quarterly performance and upward revision of future outlook contributed to the significant pre-market price movement.
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