Whirlpool (WHR) slips 4% after missing estimates for 2024 earnings and revenue

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. SPCX
2. NVDA
3. NFLX
4. META
5. TSLA
6. ISRG
7. SMCI
8. RTX
9. GOOGL
10. S

Go back to Whirlpool (WHR) slips 4% after missing estimates for 2024 earnings and revenue

Whirlpool Announces Fourth Quarter and Full Year Results; Provides 2024 Guidance

January 29, 2024 4:05 PM EST

--Fourth-quarter net sales growth of approximately 3% with 1 point of North America share gains year-over-year
--Fourth-quarter GAAP net earnings margin of 9.7% compared to prior year period of (32.6)%, impacted by the Europe transaction
--Fourth-quarter ongoing (non-GAAP) EBIT margin(1) of 5.2% (+170bps year-over-year)
--Full-year GAAP and ongoing (non-GAAP) earnings per diluted share(2) of $8.72 and $16.16, respectively, including $800 million of cost take out
--Paid $384 million in dividends in 2023 and repaid $500 million of term loan
--2024 outlook includes... More