A Preview Of Whirlpool's Earnings

Whirlpool (NYSE:WHR) is preparing to release its quarterly earnings on Wednesday, 2024-10-23. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Whirlpool to report an earnings per share (EPS) of $3.21.

Anticipation surrounds Whirlpool's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company missed EPS by $0.00, leading to a 2.86% increase in the share price the following trading session.

Here's a look at Whirlpool's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.39

1.68

3.56

4.25

EPS Actual

2.39

1.78

3.85

5.45

Price Change %

3.0%

-10.0%

-7.000000000000001%

-16.0%

Whirlpool Share Price Analysis

Shares of Whirlpool were trading at $104.98 as of October 21. Over the last 52-week period, shares are down 18.53%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Views on Whirlpool

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Whirlpool.

The consensus rating for Whirlpool is Underperform, based on 2 analyst ratings. With an average one-year ...