3M 2025 outlook shows tariff uncertainty over earnings
- U.S. Industrial conglomerate 3M reported its first-quarter financial results.
- Cost reduction efforts and a restructuring plan contributed to the performance.
- The company's adjusted operating margin reached 23.5% in the quarter.
- 3M posted adjusted earnings of $1.88 per share, exceeding analyst estimates of $1.77.
- However, 3M cautioned that trade tensions could negatively affect its 2025 profit outlook.
17 Articles
17 Articles
3M rides market rally, affirms earnings guidance in face of tariffs
3M Co. stood by its full-year financial guidance while acknowledging new risks from the unfolding trade war, compounding the challenges for Chief Executive Officer William Brown as he tries to turn around the sprawling Maplewood-based manufacturer. Tariffs will have a negative impact of as much as 40 cents a share on full-year earnings, the company said Tuesday in a statement as it reported first-quarter results. Still, 3M reaffirmed guidance fo…
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