Whirlpool Corporation reports results for the quarter ended September 30 - Earnings Summary

• Whirlpool Corporation WHR.N reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.09. The mean expectation of eleven analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 20 cents to $1.34 per share.

• Revenue fell 8.8% to $3.68 billion from a year ago; analysts expected $3.92 billion.

• Whirlpool Corporation's reported EPS for the quarter was a loss of $3.80​.

• The company reported a quarterly loss of $249 million.

• Whirlpool Corporation shares had fallen by 8.4% this quarter and lost 61.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.9% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the appliances, tools & housewares peer group is "buy."

• Wall Street's median 12-month price target for Whirlpool Corporation is $32.00, about 17.3% above its last closing price of $26.45

This summary was machine generated from LSEG data October 26 at 09:07 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)