Whirlpool Full Year 2022 Earnings: In Line With Expectations
Whirlpool (NYSE:WHR) Full Year 2022 Results
Key Financial Results
Revenue: US$19.7b (down 10% from FY 2021).
Net loss: US$1.52b (down by 185% from US$1.78b profit in FY 2021).
US$27.17 loss per share (down from US$28.71 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Whirlpool Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is expected to fall by 1.2% p.a. on average during the next 3 years compared to a 1.3% decline forecast for the Consumer Durables industry in the US.
Performance of the American Consumer Durables industry.
The company's shares are up 2.3% from a week ago.
You still need to take note of risks, for example - Whirlpool has 2 warning signs (and 1 which can't be ignored) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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