Quartz·1 min read·medium

3M beat earnings expectations and raised its full-year forecast — its stock surged

Colleen Cabili
AI Summary

Industrial conglomerate 3M surpassed earnings expectations and raised its full-year guidance to a range of $8.80 to $8.95 per share. Following the announcement, the company's stock price saw a notable increase.

The industrial conglomerate now expects full-year adjusted earnings per share of $8.80 to $8.95, up from a prior range of $8.50 to $8.70

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