|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||155.62 - 159.76|
|52 Week Range||145.59 - 202.99|
|PE Ratio (TTM)||33.18|
|Earnings Date||Jul 23, 2018|
|Forward Dividend & Yield||4.40 (2.88%)|
|1y Target Est||191.20|
Stocks that moved substantially or traded heavily Tuesday: Caterpillar Inc., down $9.55 to $144.44 The company said it doesn't expect to top its first-quarter profit for the rest of the year. Alphabet ...
Whirlpool Corp. ( WHR) said it will sell its Embraco compressor business to Nidec Corp. in a $1.08 billion cash deal so it can focus on its core – consumer products. “Since Embraco operates in the business-to-business space, this transaction enhances our strategic focus on investing in and growing our consumer-facing business," Marc Bitzer, chief executive officer of Whirlpool, said in a statement. Based in Brazil, Embraco has been majority-owned by Whirlpool since 1997.
Looking to get a sense of how rising commodity prices are impacting companies’ bottom lines? Whirlpool Corp. just gave watchers an inside look.
Back in January, Whirlpool Corp. was singing the praises of President Donald Trump’s tariffs -- after they were slapped on the washing machines made by overseas rivals. By April, however, the appliance maker was whistling a different tune. Trump’s subsequent steel tariff and rising prices on resin will contribute to a jump of as much as $300 million in raw materials this year, Whirlpool said in its first-quarter earnings presentation.
Whirlpool agreed to sell its Embraco compressor business to Japan’s Nidec for $1.08 billion in cash in a bid to sharpen its focus on its consumer-facing brands.
Whirlpool's (WHR) first-quarter 2018 earnings and sales miss estimates but improve year over year. Further, it has lowered the GAAP earnings per share forecast for 2018.
NEW YORK, NY / ACCESSWIRE / April 24, 2018 / Whirlpool Corporation (NYSE: WHR ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 24, 2018 at 8:00 AM Eastern Time. ...
The deal, which does not include Embraco's Italy facility that the company plans to close, is not expected to have a material impact on Whirlpool's 2018 financial results, Whirlpool said. Whirlpool also said it expects to buy back up to $1 billion of shares through a tender offer at an anticipated price of $150 to $170 per share. The Benton Harbor, Michigan-based company said it intends to execute open market share repurchases throughout 2018 after the completion of the tender offer.
BENTON HARBOR, Mich., April 24, 2018 /PRNewswire/ -- Whirlpool Corporation (WHR) announced today that it has entered into an agreement to sell the Company's Embraco compressor business to Nidec Corporation for a cash purchase price of $1.08 billion, subject to customary working capital and indebtedness adjustments. Since Embraco operates in the business-to-business space, this transaction enhances our strategic focus on investing in and growing our consumer-facing business," said Marc Bitzer, chief executive officer of Whirlpool Corporation.
Whirlpool Corporation (NYSE:WHR) had a quarter to forget as the company missed analysts’ expectation in its revenue and earnings results. “We are pleased with the progress on our previously-announced global cost-based price increases and fixed cost reduction initiatives, which resulted in expansion of both ongoing EBIT(2) and ongoing earnings per share(1),” said Marc Bitzer in a prepared statement, CEO of Whirlpool Corporation. Whirlpool also unveiled its updated results for its fiscal 2018 as the company now sees its earnings as being in the range of $14.50 to $15.50 per share.
Shares of Whirlpool Corp. lost 3% late Monday after the appliances maker reported first-quarter earnings and sales below expectations and said it expects pressure this year from lower sales and increased costs. Whirlpool said it earned $94 million, or $1.30 a share, in the quarter, compared with $153 million, or $2.01 a share, in the year-ago period. Whirlpool said it expects GAAP profit between $12.30 a share to $13.30 a share in 2018, as "favorable product price/mix is expected to be partially offset by lower global revenue growth and increased raw material inflation." The analysts surveyed by FactSet expect 2018 GAAP earnings of $13.68 a share.
On a per-share basis, the Benton Harbor, Michigan-based company said it had net income of $1.30. Earnings, adjusted for restructuring costs, came to $2.81 per share. The results fell short of Wall Street ...
- GAAP earnings per diluted share were $1.30 compared to $2.01 in the same prior-year period; ongoing earnings per diluted share(1) (non-GAAP) improved 12 percent to $2.81 , compared to $2.50 in the same ...
Investors pursuing a solid, dependable stock investment can often be led to Whirlpool Corporation (NYSE:WHR), a large-cap worth US$10.56B. Doing business globally, large caps tend to have diversified revenue streamsRead More...
Whirlpool’s 2018 is off to a soggy start, after the US-based maker of large appliances reported earnings from the past quarter and guidance for the current one that fell short of analysts’ expectations. For the three months ending March 31, Whirlpool raked in $94m in net earnings, or $1.30 a diluted share, down from $153m, or $2.01 a share, in the same period a year ago. Analysts had been looking for net income of $176m, or $2.51 a share, on sales of $4.95bn, according to Factset data.
BENTON HARBOR, Mich., April 19, 2018 /PRNewswire/ -- Whirlpool Corporation (WHR) will release its first-quarter financial results and presentation materials at 4:30 p.m. ET on Monday, April 23, 2018. Whirlpool Corporation will then hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Tuesday, April 24, 2018. To participate in the conference call, dial (800) 895-0231 and use confirmation code Whirlpool. International participants should dial (785) 424-1054 and use confirmation code Whirlpool.
BENTON HARBOR, Mich. , April 17, 2018 /PRNewswire/ -- Today Whirlpool Corporation (NYSE: WHR) announced the results of its annual stockholders' meeting, including the election of directors for the next ...
Whirlpool's (WHR) focus on innovation strategy, cost productivity initiatives and long-term goals for 2020 bode well. However, higher raw-material inflation and lower volumes remain impediments.
BENTON HARBOR, Mich., April 16, 2018 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation approved a $0.05 increase in the quarterly dividend on the company's common stock to $1.15 per share from $1.10 per share. "We are increasing our dividend for the sixth consecutive year, a clear example of our commitment to returning strong levels of cash to shareholders," said Marc Bitzer, chief executive officer of Whirlpool Corporation. Whirlpool Corporation (WHR) is the number one major appliance manufacturer in the world, with approximately $21 billion in annual sales, 92,000 employees and 70 manufacturing and technology research centers in 2017.
The appliance industry is one of the weakest investment sectors, as it has intense competition and raw material inflation, according to Goldman Sachs. The sell-side firm now sees multiple reasons for bearishness ...
Shares of Whirlpool (WHR) have seen more than 10% of its value go down the drain so far this year, and are lower again on Wednesday, hurt by a bearish call from Goldman Sachs. Eisner writes that Whirlpool operates "in one of the weakest industries for pricing power," which means there's a risk it won't be able to meet consensus estimates for this year or next because of a recent increase in raw material pricing that it won't be able to pass onto consumers. Shares of Whirlpool are down 3.1% to $146.58 this morning.
BENTON HARBOR, Mich., March 29, 2018 /PRNewswire/ -- Today, Whirlpool Corporation CEO Marc Bitzer announced plans to become the newest member of the Catalyst® CEO Champions For Change. This public confirmation to increasing Whirlpool Corporation's female representation in executive and senior-level positions helps to ensure accelerated inclusion of women, including women of color, in senior roles during the next five years. Catalyst CEO Champions For Change is a global diversity and inclusion initiative that aims to advance more women into leadership positions.