Whirlpool (WHR) Tops Q2 EPS by 13c; Boosts FY16 EPS Outlook

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Whirlpool Corporation Reports Record Second-Quarter 2016 Results

July 22, 2016 6:00 AM EDT

BENTON HARBOR, Mich., July 22, 2016 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today second-quarter GAAP net earnings of $320 million, or $4.15 per diluted share, compared to $177 million, or $2.21 per diluted share, reported for the same prior-year period. Ongoing business earnings per diluted share(1) totaled $3.50 compared to $2.70 in the same prior-year period.

"We delivered another quarter of record earnings and margin expansion while overcoming challenges... More