3M Sticks With Guidance After Topping Estimates in Mixed Quarter

3M Co. beat Wall Street’s profit estimates to start the year and reaffirmed its financial outlook, signaling that the conglomerate is finding enough areas of growth to counter the economic turbulence buffeting its business.

Adjusted earnings climbed to $2.14 a share in the first quarter, the St. Paul, Minnesota-based company said Tuesday in a statement. That surpassed the $2 average of analysts’ estimates compiled by Bloomberg.