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Apr 1 closing price
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$119.20
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-$0.43 (-0.36%)
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Sergey Savastiouk's Avatar
published in Blogs
Jul 23, 2019
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Whirlpool (WHR, $140.89) beats Q2 earnings and sales estimates; hikes full-year guidance

Whirlpool reported second-quarter earnings and sales that beat expectations.  It also raised its guidance for the full year.

The electronics/home appliances maker’s adjusted earnings came in at $4.01 a share, higher than the $3.71 a share consensus expectation of analysts surveyed by FactSet .

Sales for the quarter rose +0.9% year-over-year to $5.19 billion, edging past analysts’ estimate of $5.02 billion. Excluding the effect of currency fluctuations, sales increased +3.5%.

Looking ahead, the company now expects full-year 2019 adjusted earnings between $14.75 and $15.50 -  the midpoint of which is 4% higher compared to the previous forecasted range. The analysts surveyed by FactSet are expecting earnings of $14.79 per share for the full year.

 

 

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published General Information

General Information

a manufacturer of home appliances

Industry HomeFurnishings

Profile
Fundamentals
Details
Industry
Electronics Or Appliances
Address
2000 North M-63
Phone
+1 269 923-5000
Employees
59000
Web
https://www.whirlpoolcorp.com
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