logo
Plus   Neg
Share
Email

Whirlpool Corp. Q1 adjusted earnings Miss Estimates

Whirlpool Corp. (WHR) released earnings for first quarter that fell from last year.

The company's profit came in at $94 million, or $1.30 per share. This compares with $153 million, or $2.01 per share, in last year's first quarter.

Excluding items, Whirlpool Corp. reported adjusted earnings of $295 million or $2.81 per share for the period.

Analysts had expected the company to earn $3.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.5% to $4.91 billion from $4.79 billion last year.

Whirlpool Corp. earnings at a glance:

-Earnings (Q1): $295 Mln. vs. $285 Mln. last year.
-EPS (Q1): $2.81 vs. $2.50 last year.
-Analysts Estimate: $3.00
-Revenue (Q1): $4.91 Bln vs. $4.79 Bln last year.

-Guidance:
Full year EPS guidance: $14.50 to $15.50

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Follow RTT