3M Q4 Earnings Beat Estimates, But 2026 Outlook Sends Shares Lower

3M reported Q4 earnings and revenue above expectations, with adjusted EPS of $1.83 and revenue of $6.1 billion. However, shares fell 7.3% due to modest guidance for 2026, including adjusted total sales growth of 4% and operating margin expansion of 70-80 basis points. The company forecasts adjusted EPS of $8.50-$8.70 and adjusted operating cash flow of $5.6-$5.8 billion.