earnings
confidence high
sentiment positive
materiality 0.70
3M Q1 adjusted EPS $2.14 (+14% YoY); reiterates FY2026 guidance
3M CO
2026-Q1 EPS
reported $1.23
vs consensus $2.00
▼ miss
(-38.6%)
- GAAP EPS $1.23 (down 40% YoY); adjusted EPS $2.14 (up 14% YoY).
- Adjusted sales $6.0B, up 3.9% YoY; adjusted organic sales +1.2%.
- Adjusted operating margin 23.8%, up 30 bps YoY.
- Reiterated FY2026 guidance: adjusted EPS $8.50-$8.70, adjusted organic sales growth ~3%.
- Returned $2.4B to shareholders via dividends and buybacks in Q1.