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3M Co (MMM) Q1 2026 Earnings Call Highlights: Strong EPS Growth and Strategic Product Launches By GuruFocus
3M Co (MMM) reported strong Q1 2026 earnings with EPS up mid-teens to $2.14, operating margin increasing by 30 basis points to 23.8%, and free cash flow exceeding $500 million. The company returned $2.4 billion to shareholders and launched 84 new products, accelerating its new product introduction pace. Despite some macro pressures leading to light organic growth at 1.2% and a decline in consumer organic sales, 3M provided an optimistic 2026 guidance with organic sales growth of approximately 3% and EPS between $8.50 and $8.70.