3M Company's second-quarter earnings exceeded expectations and raised its full-year guidance, accelerating its turnaround plan from losses to profits.

On July 21st, local time, American industrial giant 3M announced its financial performance for the second quarter of 2026. The financial report showed that the company's quarterly profits exceeded Wall Street expectations, and it raised its full year performance outlook. This indicates that despite macroeconomic fluctuations, 3M's plan to turn losses into profits led by CEO Bill Brown is steadily progressing and yielding results. The financial data showed that 3M's adjusted earnings per share for the second quarter reached $2.40, higher than the analysts' average expectation of $2.25; the adjusted operating profit margin increased to 24.9%. On the sales front, the company's GAAP sales in the second quarter were $6.5 billion, a year-on-year increase of 2.4%; adjusted organic sales increased by 5.4% year-on-year. Based on its strong performance, 3M raised its full-year adjusted earnings per share guidance for 2026 from $8.50-$8.70 to $8.80-$8.95, higher than the market's expectation of $8.74.