3M Stock Bounces Back to $148.62 Amid Improved Earnings
Shares of 3M Co (NYSE: MMM) rebounded by 3.70% to $148.62 on Friday, recovering some ground lost since its mid-August earnings surge.
The diversified industrial giant's financial profile has improved measurably even as legacy PFAS obligations continue to weigh on the market.
3M's July earnings report beat consensus estimates with adjusted earnings per share coming in at $2.40 for the second quarter of 2026, ahead of the $2.25 estimate.
The company raised its full-year guidance range to $8.80 to $8.95 EPS, surpassing the projected $8.74.