Whirlpool Corporation (WHR) reported that its fourth quarter net earnings available to the company was $108 million or $1.91 per share compared to a loss of $393 million or $7.10 per share in the prior year.
Impairment of goodwill and other intangibles was $106 million compared to $381 million in the previous year.
Ongoing earnings per share were $1.10 compared to $4.57 in the prior year. Analysts expected the company to report earnings of $1.52 per share for the fourth quarter. Analysts' estimates typically exclude special items.
Quarterly net sales declined to $4.098 billion from $4.136 billion last year.
Looking ahead for fiscal year 2026, the company expects GAAP earnings per share of approximately $6.25 and ongoing earnings per share of approximately $7.00. It expects net sales of $15.3 billion - $15.6 billion; approximately 5% growth vs 2025 like-for-like net sales. Analysts expect the company to report earnings of $7.21 per share and revenues of $15.59 billion fiscal year 2026. Analysts' estimates typically exclude special items.
WHR closed at $80.87, down $2.60 or 3.11%. Overnight trading saw a sharper decline, with the stock falling to $75.00, a drop of $5.87 or 7.26%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.