Whirlpool (WHR) Misses Q1 EPS by 15c; Guides

Whirlpool (NYSE: WHR) reported Q1 EPS of $2.50, $0.15 worse than the analyst estimate of $2.65. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.75 billion.

"We made progress toward our goals of revenue growth and free cash flow generation, with strong growth and margin expansion in North America and Latin America," said Jeff M. Fettig, chairman and chief executive officer of Whirlpool Corporation. "As we continue to execute our plans and work through the elevated complexity of our European integration, we remain confident in our ability to deliver both $1 billion of free cash flow and record earnings per share in 2017."

GUIDANCE:

Whirlpool sees FY2017 EPS of $14.75-$15.50, versus the consensus of $15.48.

For earnings history and earnings-related data on Whirlpool (WHR) click here.

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