Whirlpool (WHR) Misses Q1 EPS Views; Trims FY15 EPS Outlook

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Whirlpool Corporation Reports First-Quarter 2015 Results And Updates Full-Year 2015 Guidance

April 28, 2015 6:00 AM EDT

BENTON HARBOR, Mich., April 28, 2015 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today first-quarter GAAP net earnings of $191 million, or $2.38 per diluted share, compared to $160 million, or $2.02 per diluted share, reported for the same prior-year period. Ongoing business earnings per diluted share(1) totaled $2.14, compared to $2.20 in the same prior-year period. The benefit of cost and capacity-reduction initiatives, ongoing cost productivity and benefits from the acquisition integration activities were offset by unfavorable currency and a weakened demand environment in... More