Whirlpool (WHR) Misses Q3 EPS by 11c, FY EPS Guidance Misses Consensus Views

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Go back to Whirlpool (WHR) Misses Q3 EPS by 11c, FY EPS Guidance Misses Consensus Views

Whirlpool Corporation Reports Third-Quarter 2017 Results

October 23, 2017 4:30 PM EDT

BENTON HARBOR, Mich., Oct. 23, 2017 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today third-quarter GAAP net earnings of $276 million, or $3.72 per diluted share, compared to $238 million, or $3.10 per diluted share, reported for the same prior-year period. GAAP net earnings were positively impacted by lower income tax expense of approximately $65 million, compared to the same prior-year period, driven by the timing of tax planning activities in the current-year period. Third-quarter ongoing earnings per diluted share(1) totaled $3.83 compared to $3.66 in the same prior-year period.

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