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Whirlpool Stock Gains as Appliance Giant Beats Earnings Estimates

Scott Van Voorhis

surged in late trading Monday, after the appliance giant beat analysts earning expectations. Whirlpool's stock price rose by more than 7%, to just under $150, after the company announced first-quarter earnings of $3.11 per share, besting the $3.04 per share estimate of analysts surveyed by Zacks. Faced with higher steel and aluminum costs, Whirlpool has been raising prices and cutting costs.