Market Overview

Whirlpool: Q3 Earnings Insights

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Shares of Whirlpool (NYSE:WHR) rose 4.4% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 74.06% year over year to $6.91, which beat the estimate of $3.75.

Revenue of $5,291,000,000 higher by 3.93% year over year, which beat the estimate of $4,610,000,000.

Outlook

The upcoming fiscal year's EPS expected to be between $17.50 and $18.00.

The upcoming fiscal year's revenue expected to be between $18,990,000,000 and $19,398,000,000.

Price Action

52-week high: $206.11

Company's 52-week low was at $64.00

Price action over last quarter: Up 34.00%

Company Profile

Whirlpool Corp is a U.S.-based global manufacturer and marketer of major home appliances and related products. Its segments consist of North America, Europe/Middle East/Africa, Latin America, and Asia. Most of the company's sales occur in North America. Products are divided into various classes, including laundry appliances, refrigerators and freezers, cooking appliances, and other. The majority of revenue is derived from the laundry appliances and refrigerators and freezers classes. Whirlpool also sells its products to other manufacturers, distributors, and retailers for resale across its geographic segments. The company's major international brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp, and Jenn-Air.

 

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Posted-In: Earnings