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CLAIM #42568 · 3M Company (MMM) · 2025Q1 earnings call · Apr 22, 2025 · due Jun 30, 2025

Now sequentially, you're correct. It's seasonally, you know, revenue should be up about $300 million should come with good flow through.

Anurag Maheshwari · CFO

PENDING
graded after results covering Jun 30, 2025 are reported

In context

et. Increase in investments where you see a big step up in Q2 relative to last year because we only started making investments in the second half of last year. And the PFAS stranded cost. But operationally, you should see be up $0.15 to $0.20 on EPS. But on the non-op side, have a total headwind of about $0.10. And large part of that is driven by net interest as the cash balance last year in second quarter was over $10 billion. And now we're returning back to more normal cash levels. So we will have some impact in non-op pension as well, but all of that will be offset by lower share count. But if you take the net interest pension offset by the lower share count, it's about a $0.10 headwind year over year. So you put that together, we should grow EPS by about $0.05 to $0.10 year over year. Now sequentially, you're correct. It's seasonally, you know, revenue should be up about $300 million should come with good flow through. But as I said, there is some offsets around the timing of Q1 items. There is some step up in the investments. So what you will see is about $0.05 to $0.10 again operationally It should be good, and $0.05 benefit from a little bit below the line. So sequentially, also, we should see about $0.10 to $0.15 benefit on the EPS. So overall, if you put all of that together for the first half, our EPS will grow about $0.22 to $0.27. Is actually pretty much 50% of the growth of what we expect for the full year. And second half should kind of mirror that too. Amit Mehrotra: Okay. Very helpful. Thank you. And then I guess maybe one for Bill in terms of you you obviously have a lot of efficiency actions that the company is pursuing. I wonder if what's happening now gives you an opportunity to accelera

Verify independently

SEC filings for MMM · Claim quote is verbatim from the 2025Q1 earnings call.