Whirlpool (WHR) Tops Q4 EPS by 50c, FY19 EPS Guidance Misses

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Whirlpool Corporation Reports Fourth-Quarter And Full-Year 2018 Results; Provides 2019 Guidance

January 28, 2019 4:10 PM EST

BENTON HARBOR, Mich., Jan. 28, 2019 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today fourth-quarter GAAP net earnings of $170 million, or $2.64 per diluted share, compared to $(268) million, or $(3.74) per diluted share, reported for the same prior-year period. Fourth-quarter ongoing earnings per diluted share(1) were $4.75, compared to $4.10 in the same prior-year period.

"Sustained focus on our successful execution of price increases and disciplined working capital reduction, coupled with a favorable tax... More