Whirlpool Corp reports results for the quarter ended March 31 - Earnings Summary

• Whirlpool Corp WHR.N reported quarterly adjusted earnings of $1.70​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.78. The mean expectation of eight analysts for the quarter was for earnings of $1.71 per share. Wall Street expected results to range from $1.50 to $1.92 per share.

• Revenue fell 19.4% to $3.62 billion from a year ago; analysts expected $3.67 billion.

• Whirlpool Corp's reported EPS for the quarter was $1.28​.

• The company reported quarterly net income of $71 million.

• Whirlpool Corp shares had fallen by 14.2% this quarter and lost 32.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 25.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the appliances, tools & housewares peer group is also "hold"

• Wall Street's median 12-month price target for Whirlpool Corp is $109.00

This summary was machine generated from LSEG data April 23 at 09:05 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)