3M (MMM.US) saw a 6.4% increase, its largest gain since late July 2020.

On Tuesday, 3M (MMM.US) saw its stock price rise, reaching a 6.4% increase at one point, the largest gain since July 26. As of writing, the stock was up over 4% to $146.811. The company had previously released its 2024 Q4 and full-year results and provided financial guidance for 2025. The company reported Q4 EPS of $1.33, up 17% YoY, and adjusted EPS of $1.68, topping FactSet's estimate of $1.66; sales rose 0.1% to $6.01 billion, topping FactSet's estimate of $5.783 billion. Adjusted sales were $5.8 billion, up 2.2% YoY, and adjusted organic sales rose 2.1% YoY.

For the full year, 3M reported GAAP EPS of $7.26, with an operating margin of 19.6%; adjusted EPS of $7.30, up 21% YoY. Full-year sales were $24.6 billion, down 0.1% YoY, with organic sales down 0.2% YoY. Adjusted sales were $23.6 billion, up 1.3% YoY, and adjusted organic sales rose 1.2% YoY.

For 2025, 3M expects adjusted EPS to be between $7.60 and $7.90, FactSet's estimate is $7.78. The company expects sales to grow 0.5% to 1.5%, while FactSet's current consensus is for sales to decline 2.3%.