Whirlpool (WHR) Tops Q3 EPS by 79c, Revenues Miss; Offers FY18 EPS Outlook Above Consensus

Whirlpool (NYSE: WHR) reported Q3 EPS of $4.55, $0.79 better than the analyst estimate of $3.76. Revenue for the quarter came in at $5.33 billion versus the consensus estimate of $5.34 billion.

"Very impressive results in North America and a favorable tax rate allowed us to deliver our highest quarterly ongoing EPS in our long history, demonstrating our ability to overcome the numerous external challenges we have been facing," said Marc Bitzer, chief executive officer of Whirlpool Corporation. "While our EMEA performance has been disappointing, our progress on restoring volume and the new actions to refocus and right-size our business give us confidence that we can turn around the region."

GUIDANCE:

Whirlpool sees FY2018 EPS of $14.50-$14.80, versus the consensus of $13.95.

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

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