Is Whirlpool Poised For Another Dismal Earnings Report?

Whirlpool Corp. WHR is slated to release fourth-quarter 2017 results on Jan 24, after the closing bell. Last quarter, the company reported a negative earnings surprise of 1.8%.

In fact, Whirlpool has missed estimates in the last four quarters, with an average negative earnings surprise of 4.8%. Notably, third-quarter 2017 marked the company's fifth straight quarter of negative earnings surprise and second consecutive quarter of sales lag. The primary concern for the company in recent quarters has been raw material cost inflation and unfavorable price/mix. Let's see how things are shaping up for this announcement.

What to Expect?

The question lingering in investors' minds now is whether Whirlpool will be able to post positive earnings surprise in the quarter to be reported. The Zacks Consensus Estimate for the quarter under review is $4.01, reflecting a year-over-year decline of 7.4%. We note that the Zacks Consensus Estimate has been stable ahead of the earnings release. Analysts polled by Zacks expect revenues of $5.8 billion, up 3.2% from the year-ago quarter.

Whirlpool Corporation Price, Consensus and EPS Surprise

Whirlpool Corporation Price, Consensus and EPS Surprise | Whirlpool Corporation Quote

Moreover, we note that the stock has declined 13.6% in the last six months. However, this compares better than the industry's 26.1% downside.

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