3M Posts Better-Than-Expected Q2 Results, Lifts Profit Forecast
1. 3M raised its full-year profit forecast post second-quarter results. 2. Expected adjusted EPS increased to $7.75-$8, despite tariff headwinds. 3. Company reported $6.3 billion revenue and $2.16 EPS in Q2. 4. All business units showed organic sales growth for three consecutive quarters. 5. 3M shares have increased nearly 25% since the start of the year.