3M raises 2026 adjusted EPS forecast to $9.10-$9.15
Bitget2026/10/20 10:37- 3M raised its 2026 adjusted EPS forecast to $9.10-$9.15 from $8.95-$9.10 on the new reporting basis.
- Organic sales growth guidance remains above 3.5%; free cash flow is forecast at about $4.8 billion, versus $4.7 billion-$4.9 billion previously.
- Industrial, safety and data center momentum supports the outlook, while consumer electronics remains weak.
- Pricing is expected to fully offset about $185 million in oil inflation.
- Third-quarter adjusted EPS rose 12% to $2.50; organic sales increased 3.3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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