Whirlpool (WHR) Tops Q2 EPS by 8c

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Whirlpool Corporation Reports Second-Quarter 2015 Results And Reaffirms Full-Year 2015 Ongoing Guidance

July 22, 2015 6:00 AM EDT

BENTON HARBOR, Mich., July 22, 2015 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today second-quarter GAAP net earnings of $177 million, or $2.21 per diluted share, compared to $179 million, or $2.25 per diluted share, reported for the same prior-year period. Ongoing business earnings per diluted share(1) totaled a second quarter record $2.70, compared to $2.62 in the same prior-year period. The benefit of cost and capacity-reduction initiatives, favorable price/mix and benefits from the acquisition integration activities offset unfavorable currency and a weakened demand environment in... More