3M stock surged 8% after strong earnings, potential upside despite tariff impact warning.

From Yahoo Finance: 2025-04-22 13:20:00

Shares of 3M (NYSE: MMM) surged 8% after an impressive first-quarter earnings report, with sales meeting high-end expectations and profits exceeding previous outlooks. Investors were initially disappointed by CEO Bill Brown’s remarks in March, but were pleased to see 1.5% organic sales growth and a 10% increase in EPS to $1.88.

3M maintained its full-year EPS guidance but warned of potential tariff impacts. CEO Brown’s efforts in margin and operational improvements are paying off, with NPI up 60% and OTIF delivery rates improving. If the economy and tariffs cooperate, there’s potential upside to full-year guidance.

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