(Reuters) – U.S. industrial conglomerate 3M Co 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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