3M Company is a diversified technology and manufacturing firm that operates across various sectors, including consumer goods, healthcare, and industrial products. Known for its innovative approach, 3M develops a wide array of products ranging from adhesives and abrasives to medical devices and safety equipment. The company leverages its extensive research and development capabilities to create unique solutions that enhance productivity, improve safety, and promote sustainability in numerous applications. With a global presence, 3M is committed to addressing customer needs while fostering advancements in materials science and technology. Read More
Industrial conglomerate 3M (NYSE:MMM) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 1% year on year to $5.95 billion. Its non-GAAP profit of $1.88 per share was 6.4% above analysts’ consensus estimates.
U.S. stock futures continued rising on Wednesday after a day of strong recovery on Tuesday. Futures of major benchmark indices were higher in premarket.
Given the company's higher earnings estimates, projections of free cash flow (FCF) and FCF margins, and analysts' price targets, MMM stock could rebound.
Shares of industrial conglomerate 3M (NYSE:MMM)
jumped 8.3% in the afternoon session after the company reported impressive first quarter 2025 results which blew past analysts' revenue and EPS expectations. Sales rose slightly from last year, with solid gains in the US and China, though parts of Europe and the electronics market pulled overall growth down. Margins improved, too and this helped drive a significant growth in earnings. For the rest of the year, the company expected earnings to grow significantly, even though new tariffs were likely to take a small bite out of profits. Overall, this quarter had some key positives.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
After Monday’s broad-based sell-off — triggered by renewed pressure from President Donald Trump on Federal Reserve Chairman Jerome Powell, raising concerns over the integrity of central bank independence — Wall Street bounced back with strength on Tuesday, buoyed by upbeat signals from the corporate earnings sea
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
3M Company (MMM) stock surged on better-than-expected Q1 2025 results, with net sales of $5.95B, adjusted net sales of $5.8B, and adjusted EPS of $1.88.
