These developments follow third-quarter results where adjusted earnings per share of $2.50 beat analyst estimates of $2.38 to $2.39. 3M raised its full-year 2026 adjusted EPS guidance to a range of $9.10 to $9.15, incorporating the Madison Fire & Rescue acquisition and a new reporting basis for intangible asset amortization. Adjusted sales for the period reached $6.6 billion with 3.3% organic growth, while GAAP EPS rose 70% year-over-year to $2.63.
Tuesday, October 20, 2026
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3M Expands Amazon Partnership via $6B Warrant
Earnings12 hours ago
The industrial conglomerate introduced Cooling Film technology for rail and fleet applications on Monday as part of a series of corporate updates. 3M also entered an expanded commercial relationship with Amazon to scale optical connectivity and data center products, a deal that includes a warrant for 3.2 million shares with a vesting value of up to $6 billion. Shares of 3M showed volatility during premarket trading, initially rising 1.4% before erasing those gains to turn negative.
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