shares of 3m co mmm rallied 31 toward a fourmonth high in premarket trading tuesday after the consumer industrial and health care products company reported secondquarter profit and sales that beat expectations and raised its fullyear outlook the company swung to a net loss of 684 billion or 1235 a share from net income of 78 million or 14 cents a share in the yearago period excluding nonrecurring items such as costs from litigation settlements adjusted earnings per share fell to 217 from 245 but beat the factset consensus of 173 sales surprising grew 42 to 8325 billion from 7993 billion while the factset consensus was for a decline to 7875 billion for 2023 the company raised its guidance range for adjusted eps to 860 to 910 from 850 to 900 “in the second quarter the actions we took to strengthen our supply chain and restructure the company led to improved service for customers reduced costs across 3m and better than expected margins and cash flow” said chief executive mike roman the stock has slipped 01 over the past three months through monday while the dow jones industrial average djia has tacked on 56