NYSE:WHR - New York Stock Exchange, Inc. - US9633201069 - Common Stock - Currency: USD
Shares of home appliances manufacturer Whirlpool (NYSE:WHR) fell 19.6% in the morning session after the company reported underwhelming fourth quarter results. Its revenue missed, and its full-year adjusted EPS guidance missed significantly. Top-line growth was weakened by the recent sale of its European business amid efforts to improve its cost structure. Overall, this was a weaker quarter.
Shares of home appliances manufacturer Whirlpool (NYSE:WHR) fell 19.6% in the morning session after the company reported underwhelming fourth quarter results. Its revenue missed, and its full-year adjusted EPS guidance missed significantly. Top-line growth was weakened by the recent sale of its European business amid efforts to improve its cost structure. Overall, this was a weaker quarter.
Whirlpool's North American sales dropped, and the home appliance maker's fourth-quarter results and guidance came up short of forecasts.
Whirlpool said it expects to pay down about $700 million of debt in 2025.
Cash-strapped shoppers are willing to spend for essential items like toilet paper and shampoo though.
After the closing bell on Wednesday, let's take a glimpse of the US markets and explore the top gainers and losers in today's after-hours session.
Home appliances manufacturer Whirlpool (NYSE:WHR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 18.7% year on year to $4.14 billion. The company’s full-year revenue guidance of $15.8 billion at the midpoint came in 2.8% below analysts’ estimates. Its GAAP loss of $7.10 per share was significantly below analysts’ consensus estimates.
Home appliances manufacturer Whirlpool (NYSE:WHR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 18.7% year on year to $4.14 billion. The company’s full-year revenue guidance of $15.8 billion at the midpoint came in 2.8% below analysts’ estimates. Its GAAP loss of $7.10 per share was significantly below analysts’ consensus estimates.
Intends to reduce ownership stake in Whirlpool (WHR) of India Ltd. to ~20% in 2025 via market sale. Invest with Confidence: Follow TipRanks' Top...
-- Fourth-quarter net sales decline of (18.7)% due to the Europe divestiture; organic net sales(1) growth of 1.9% driven by strong small domestic appliances...
/PRNewswire/ -- Join Whirlpool brand this year at the 2025 Kitchen and Bath Industry Show (KBIS) as it demonstrates how real-life family challenges inspire the...
Home appliances manufacturer Whirlpool (NYSE:WHR) will be reporting earnings tomorrow after market hours. Here’s what you need to know.
Cyprus Confidential files suggest offshore scheme was used to evade tens of millions in VAT on long list of expenses
Last quarter, the company’s EPS stood at $3.43 on revenues of $3.99 billion.
/PRNewswire/ -- Maytag is set to bring its hardworking appliance portfolio to life at the 2025 Kitchen and Bath Industry Show (KBIS) with an immersive, sensory...
/PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) will release its fourth-quarter financial results and presentation materials at 4:05 p.m. ET on Wednesday,...