logo
Plus   Neg
Share
Email

Whirlpool Raises FY19 Earnings Guidance

Whirlpool Corp. (WHR) announced, for the full-year 2019, the company now expects GAAP earnings per share of $17.80 to $18.55 and ongoing earnings per share of $14.75 to $15.50. Analysts polled by Thomson Reuters expect the company to report profit per share of $14.81, for the fiscal year. Analysts' estimates typically exclude special items.

For the full-year 2019, the company now expects to generate cash provided by operating activities of approximately $1.4 billion and free cash flow of approximately $800 million.

For the second-quarter, ongoing earnings per share was $4.01, compared to $3.20 prior-year. On average, seven analysts expected the company to report profit per share of $3.71, for the quarter.

Second-quarter net sales were $5.2 billion, compared to $5.1 billion, a year ago. Excluding the impact of currency, sales were up 3.5 percent. Analysts expected revenue of $5.03 billion, for the quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Walmart Canada has apologized after a Christmas sweater featuring Santa Claus and apparently cocaine was posted for sale on the company's Canadian website. The retail giant pulled the controversial sweater from its website following a backlash on social media. However, the sweater was not available on Walmart's U.S. website. Ford Motor Co. is recalling around 262 thousand F-Series heavy-duty pickups in the U.S. and Canada citing problem with the electric tailgates that may open unintentionally. The recall involves F-250, F-350 and F-450 Super Duty trucks from the 2017 through 2019 model years. Of these, 231,664 vehicles are in the U.S., while 29,953 are in Canada. Sony's 'MLB The Show' video game series will be available on additional console platforms beyond PlayStation as early as 2021. Currently, the game series is exclusive to PlayStation. 'MLB The Show' is the MLB's officially licensed simulation baseball video game series. San Diego Studio has been creating the officially licensed baseball video games enjoyed by fans for more than 20 years.
Follow RTT
>