3M Co. on Friday raised its profit forecast and beat Wall Street’s estimates for the second quarter as Chief Executive Officer William Brown’s effort to reinvigorate the company gained momentum.

Adjusted earnings will be $7.75 to $8 a share this year, including the expected impact of tariffs, the Maplewood-based maker of Post-it notes and Ace bandages said in a statement. That was up from a prior range that topped out at $7.90, while analysts had expected about $7.70 on average in estimates compiled by Bloomberg.

Under Brown, 3M has put measures in place to mitigate tariffs, including shifting production and pricing changes. The company had previously guided that tariffs could have a negative impact of as much as 40 cents a share on full-year earnings. In its latest outlook, 3M sees a net headwind of just 10 cents.

Brown, who officially took over in May of last year, has looked to push 3M back into organic sales growth, changing working practices and looking at asset sales where appropriate. The company has continued moves to bring back corporate workers to the office, with a four-day mandate put in place for Sept. 1.

The CEO said on a conference call Friday that 3M was also increasing the cadence of new-product launches. “The pipeline remains healthy, and there’s more rigor and discipline in the process.”

Its shares lost 3.7% in Thursday trading, however. The stock had gained 23% this year through Thursday, better than the 7.1% advance in the S&P 500 Index.

3M’s adjusted second-quarter earnings were $2.16 a share, the company said, better than analysts’ average estimate of $2.01. Adjusted operating margin, a key metric for the company, was 24.5%, against estimates of 23.6%.

Net sales climbed 1.4% to $6.3 billion in the period. Nearly all of the company’s subdivisions grew, while sales fell in areas including automotive aftermarket and electronics. Brown noted that its three business groups all grew organically for the third straight quarter.

— Bloomberg News