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3M forecasts 2025 profit in line with expectations
Jan 21, 2025 3:58 AM

Jan 21 (Reuters) - U.S. industrial conglomerate 3M Co ( MMM )

on Tuesday forecast 2025 adjusted profit largely in line

with Wall Street estimates, as the company cut costs amid weak

consumer spending on non-essential items.

The St. Paul, Minnesota-based company expects 2025 adjusted

profit between $7.60 and $7.90 per share, while analysts

expected an adjusted profit of $7.77 per share, according to

data compiled by LSEG.

(Reporting by Kannaki Deka in Bengaluru; Editing by Devika

Syamnath)

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