Analysts predict that Whirlpool Co. (NYSE:WHR) will report $5.02 billion in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Whirlpool’s earnings, with the lowest sales estimate coming in at $4.89 billion and the highest estimate coming in at $5.16 billion. Whirlpool reported sales of $4.79 billion in the same quarter last year, which would suggest a positive year over year growth rate of 4.8%. The company is scheduled to report its next quarterly earnings results on Monday, April 23rd.
According to Zacks, analysts expect that Whirlpool will report full year sales of $5.02 billion for the current fiscal year, with estimates ranging from $21.78 billion to $22.40 billion. For the next financial year, analysts forecast that the firm will post sales of $22.57 billion per share, with estimates ranging from $22.44 billion to $22.80 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Whirlpool.
Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $4.10 EPS for the quarter, beating the Zacks’ consensus estimate of $4.01 by $0.09. The business had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.88 billion. Whirlpool had a return on equity of 18.36% and a net margin of 1.65%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the firm earned $4.33 earnings per share.
Several hedge funds have recently modified their holdings of WHR. Sei Investments Co. increased its holdings in shares of Whirlpool by 74.3% in the third quarter. Sei Investments Co. now owns 18,821 shares of the company’s stock worth $3,471,000 after purchasing an additional 8,021 shares during the last quarter. New York State Common Retirement Fund increased its stake in Whirlpool by 1.0% during the third quarter. New York State Common Retirement Fund now owns 157,700 shares of the company’s stock worth $29,086,000 after acquiring an additional 1,500 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in Whirlpool by 3.8% during the third quarter. DekaBank Deutsche Girozentrale now owns 8,929 shares of the company’s stock worth $1,623,000 after acquiring an additional 323 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Whirlpool by 26.4% during the third quarter. Advisors Asset Management Inc. now owns 4,566 shares of the company’s stock worth $842,000 after acquiring an additional 955 shares during the last quarter. Finally, Commonwealth Equity Services Inc increased its stake in Whirlpool by 5.3% during the third quarter. Commonwealth Equity Services Inc now owns 6,285 shares of the company’s stock worth $1,159,000 after acquiring an additional 317 shares during the last quarter. 90.24% of the stock is currently owned by hedge funds and other institutional investors.
Shares of WHR stock opened at $152.63 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.58 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $11,185.69, a PE ratio of 33.47, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84. Whirlpool has a twelve month low of $152.40 and a twelve month high of $202.99.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd were issued a $1.10 dividend. The ex-dividend date of this dividend was Thursday, March 1st. This represents a $4.40 annualized dividend and a dividend yield of 2.88%. Whirlpool’s dividend payout ratio (DPR) is 96.49%.
WARNING: “$5.02 Billion in Sales Expected for Whirlpool Co. (WHR) This Quarter” was published by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3294664/5-02-billion-in-sales-expected-for-whirlpool-co-whr-this-quarter.html.
Whirlpool Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.