Whirlpool (WHR) Tops Q4 EPS by 63c; Issues Solid Outlook

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Go back to Whirlpool (WHR) Tops Q4 EPS by 63c; Issues Solid Outlook

Whirlpool Announces Fourth Quarter Results; Well Positioned to Deliver Solid 2023

January 30, 2023 4:05 PM EST

Full-year GAAP net loss margin of (7.7)% and GAAP loss per diluted share of $(27.18) driven by EMEA transaction, recorded in the fourth quarterFull-year ongoing (non-GAAP) EBIT margin(1) of 6.9% and ongoing (non-GAAP) earnings per diluted share(2) of $19.64 in a challenging macro cycleQ4 GAAP net loss margin of (32.6)% and ongoing (non-GAAP) EBIT margin(1) of 3.5%, impacted by a one-off supply chain disruption in North AmericaReturned $1.3 billion in cash to shareholders in 2022, with $0.9 billion of share repurchases2023 outlook includes earnings per diluted share of $16.00 to $18.00 on a GAAP and ongoing basis; cash provided by operating... More