-+ 0.00%
-+ 0.00%
-+ 0.00%
Whirlpool: Q2 Earnings Snapshot
Share
Listen to the news

BENTON HARBOR, Mich. (AP) — BENTON HARBOR, Mich. (AP) — Whirlpool Corp. (WHR) on Monday reported second-quarter earnings of $75 million.

On a per-share basis, the Benton Harbor, Michigan-based company said it had net income of $1.15. Losses, adjusted for non-recurring gains, came to 21 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.

The maker of Maytag, KitchenAid and other appliances posted revenue of $3.52 billion in the period.

Whirlpool expects full-year earnings in the range of $2.50 to $3 per share, with revenue expected to be $15 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WHR at https://www.zacks.com/ap/WHR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending