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3M Stock Rises After Profit Beat as Oil Costs Test 2026 Turnaround
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3M Stock Rises After Profit Beat as Oil Costs Test 2026 Turnaround
3M shares rose 0.79% to $145.99 Friday after first-quarter adjusted earnings beat estimates at $2.14 a share on $6.0 billion in sales. The company warned of a $125 million annual oil-cost hit but kept its 2026 earnings forecast unchanged. Safety and industrial sales climbed 3.2%, while consumer sales dropped 1.3%. 3M completed the sale of its precision grinding and finishing business in April. The post 3M Stock Rises After Profit Beat as Oil Cos…
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