Whirlpool (WHR) Tops Q2 EPS by 71c; Raises Outlook
Whirlpool (NYSE: WHR) reported Q2 EPS of $6.64, $0.71 better than the analyst estimate of $5.93. Revenue for the quarter came in at $5.32 billion versus the consensus estimate of $5.05 billion.
"We are significantly raising guidance to reflect the strength of our business driven by sustained consumer demand and the successful implementation of our previously announced cost-based pricing initiatives," said Marc Bitzer, chairman and chief executive officer of Whirlpool Corporation. "Our Q2 results together with our record performance over the past three years impressively demonstrate our ability to perform in a volatile environment."
GUIDANCE:
Whirlpool sees FY2021 EPS of $26.00. Whirlpool sees FY2021 revenue of $23.73 billion.
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