Stock Track | 3M Soars 5% Pre-Market on Strong Q1 Earnings, Despite Tariff Concerns

Stock Track
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Shares of 3M surged 5.08% in pre-market trading on Tuesday after the multinational conglomerate reported better-than-expected first-quarter earnings for 2025. The company's strong performance, coupled with maintained full-year guidance, outweighed concerns about potential tariff impacts, driving investor optimism.

3M posted adjusted earnings per share of $1.88, surpassing the analyst consensus estimate of $1.77. The company's net sales for the quarter reached $5.95 billion, exceeding expectations of $5.76 billion. Notably, 3M achieved organic sales growth of 1.5%, demonstrating resilience in a challenging economic environment.

Despite maintaining its full-year 2025 adjusted earnings guidance range of $7.60 to $7.90 per share, 3M acknowledged potential headwinds from tariffs. The company disclosed that its outlook includes a possible negative impact of $0.20 to $0.40 per share due to tariffs, reflecting the ongoing uncertainties in global trade. However, investors appeared to focus on the company's strong current performance and its ability to navigate these challenges.

William Brown, 3M's Chairman and CEO, commented on the results, stating, "We had strong results in the first quarter with positive organic sales growth, margins ahead of expectations and double-digit EPS growth." The company's ability to deliver solid results while facing potential tariff pressures has bolstered investor confidence, as reflected in the pre-market stock surge.

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