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3M reported adjusted EPS of $2.50, up 12% year over year and above the $2.39 estimate. Adjusted sales rose 4.2% to $6.6 billion, slightly below consensus, while the company raised its FY26 adjusted EPS guidance above estimates.
Myriad Genetics agreed to sell its Prenatal Health testing business to Labcorp for $210 million in cash plus inventory value. Myriad shares rose 22.2% in premarket trading.
Hasbro reported adjusted earnings of $2.90 per share versus the $1.86 consensus estimate. Revenue rose 15% year over year to $1.595 billion, above estimates of $1.476 billion, and the company raised its outlook.
Myriad Genetics agreed to sell its prenatal health testing business to Labcorp for $210 million in cash plus the value of inventory. The business includes Prequel, Foresight, SneakPeek and FirstGene.
Myriad Genetics will receive $210 million in cash plus the value of inventory at closing.
Myriad Genetics and Labcorp announced a definitive agreement for Myriad to sell its prenatal health testing business to Labcorp.