Whirlpool (NYSE:WHR) Issues FY 2019 Earnings Guidance

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Whirlpool (NYSE:WHR) issued an update on its FY 2019 earnings guidance on Monday morning. The company provided EPS guidance of $14.75-15.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $14.81. Whirlpool also updated its FY19 guidance to $14.75-$15.50 EPS.

Shares of Whirlpool stock opened at $148.35 on Tuesday. The company has a market cap of $9.39 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 1.88 and a beta of 1.80. The company has a quick ratio of 0.53, a current ratio of 0.83 and a debt-to-equity ratio of 1.29. The firm’s 50 day moving average is $139.94. Whirlpool has a 1 year low of $99.40 and a 1 year high of $152.70.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, July 22nd. The company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.80 by $0.21. The company had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.03 billion. Whirlpool had a net margin of 0.93% and a return on equity of 30.17%. The firm’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.20 EPS. As a group, equities research analysts predict that Whirlpool will post 14.75 EPS for the current year.

Several equities research analysts recently issued reports on WHR shares. ValuEngine raised shares of China Southern Airlines from a sell rating to a hold rating in a report on Tuesday, June 11th. Zacks Investment Research raised shares of Zymeworks from a hold rating to a buy rating and set a $19.00 price target on the stock in a report on Saturday, April 27th. Longbow Research raised shares of Whirlpool from a neutral rating to a buy rating and set a $178.00 price target on the stock in a report on Friday, May 10th. Finally, Buckingham Research decreased their price target on shares of Wells Fargo & Co from $53.00 to $47.00 and set a neutral rating on the stock in a report on Wednesday, July 17th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $140.09.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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Earnings History and Estimates for Whirlpool (NYSE:WHR)

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