Brokerages Anticipate Whirlpool Co. (NYSE:WHR) to Announce $3.81 Earnings Per Share

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Equities analysts expect that Whirlpool Co. (NYSE:WHR) will announce $3.81 earnings per share for the current quarter, according to Zacks. Three analysts have issued estimates for Whirlpool’s earnings, with estimates ranging from $3.52 to $4.00. Whirlpool posted earnings of $4.55 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 16.3%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, October 23rd.

According to Zacks, analysts expect that Whirlpool will report full-year earnings of $15.06 per share for the current year, with EPS estimates ranging from $14.61 to $15.35. For the next year, analysts expect that the company will report earnings of $16.64 per share, with EPS estimates ranging from $15.76 to $17.50. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Whirlpool.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Monday, July 22nd. The company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.80 by $0.21. The company had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Whirlpool had a return on equity of 30.55% and a net margin of 4.39%. Whirlpool’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.20 EPS.

WHR has been the topic of several recent analyst reports. TheStreet raised Whirlpool from a “c+” rating to a “b-” rating in a research note on Monday, July 22nd. Zacks Investment Research cut Whirlpool from a “hold” rating to a “sell” rating in a research report on Saturday, April 27th. Buckingham Research boosted their price target on Whirlpool from $135.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 17th. ValuEngine cut Whirlpool from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 1st. Finally, Gabelli reissued a “hold” rating on shares of Whirlpool in a research report on Wednesday, July 24th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $140.09.

NYSE WHR opened at $135.70 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.84 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $8.68 billion, a PE ratio of 8.95, a PEG ratio of 1.66 and a beta of 1.83. Whirlpool has a 1 year low of $99.40 and a 1 year high of $152.50. The business has a 50-day simple moving average of $143.29.

In other Whirlpool news, CFO James W. Peters sold 650 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $146.51, for a total transaction of $95,231.50. Following the completion of the sale, the chief financial officer now directly owns 18,569 shares in the company, valued at approximately $2,720,544.19. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.91% of the stock is currently owned by insiders.

Several large investors have recently bought and sold shares of the company. SevenBridge Financial Group LLC raised its position in shares of Whirlpool by 248.1% during the 2nd quarter. SevenBridge Financial Group LLC now owns 188 shares of the company’s stock valued at $27,000 after buying an additional 134 shares in the last quarter. Pearl River Capital LLC purchased a new stake in shares of Whirlpool during the 2nd quarter valued at about $29,000. Truvestments Capital LLC purchased a new stake in shares of Whirlpool during the 1st quarter valued at about $28,000. Penserra Capital Management LLC purchased a new stake in shares of Whirlpool during the 1st quarter valued at about $27,000. Finally, Trustcore Financial Services LLC raised its position in shares of Whirlpool by 45.9% during the 2nd quarter. Trustcore Financial Services LLC now owns 264 shares of the company’s stock valued at $38,000 after buying an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

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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