Whirlpool Corporation Reports Second-Quarter 2018 Results

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Go back to Whirlpool Corporation Reports Second-Quarter 2018 Results

Whirlpool (WHR) Misses Q2 EPS by 49c, Revenues Miss; Offers FY18 EPS Outlook Below Consensus

July 23, 2018 4:33 PM EDT

Whirlpool (NYSE: WHR) reported Q2 EPS of $3.20, $0.49 worse than the analyst estimate of $3.69. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $5.29 billion.

"We are pleased to deliver margin expansion in a very challenging cost environment, driven by strong North America margins and significant global price/mix improvement during the second quarter," said Marc Bitzer, chief executive officer of Whirlpool Corporation.... More