3M slips after Q1 results

3M

21/04/2026 13:24

** Shares of industrial giant 3M MMM.N down 3.1% at $146.60 premarket

** Co posts Q1 adj. sales of $6 billion, narrowly missing analysts' estimates of $6.008 billion

** However, Q1 adj. EPS of $2.14 beats estimates of $1.98

** 10 of 20 analysts rate stock "buy" or higher, 9 "hold" and 1 "sell"; median PT at $175 - data compiled by LSEG

** As of last close, MMM down 5.4% YTD

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))