|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||123.97 - 125.13|
|52 Week Range||122.81 - 190.73|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||4.60 (3.49%)|
|1y Target Est||172.86|
NEW YORK, Aug. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ellie ...
If you want access to our free earnings report on Whirlpool Corp. (NYSE: WHR), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=WHR. The Company reported its second quarter fiscal 2018 operating and financial results on July 24, 2018. For the second quarter of the fiscal year 2018, Whirlpool's net sales were $5.1 billion compared to $5.3 billion in Q2 2017.
Time-tested businesses with significant market share and superior dividend yields? Yes, please!
South Korean consumer appliance maker LG Electronics Inc said second-quarter profit jumped 16 percent, helped by strong television sales, but warned U.S. trade spats with China and Europe cast a cloud on its business outlook. The world's second-largest TV maker said in a statement on Thursday its April-June operating profit was 771 billion won ($688 million), in line with guidance issued earlier this month. The Korean firm's TV division posted a 44 percent rise in profit to 407 billion won, with an operating margin of 10.6 percent, compared to 282 billion won a year ago.
South Korean consumer appliance maker LG Electronics Inc said second-quarter profit jumped 16 percent, helped by strong television sales, but warned U.S. trade spats with China and Europe cast a cloud on its business outlook. Whirlpool said this week the U.S. tariffs would have an impact on material costs during the second half of 2018.
U.S. tariffs on metal imports are playing havoc with earnings at some of the most recognizable industrial companies in America, and a look at steel and aluminum prices shows why. Surging demand and a 25 percent U.S. tariff have combined to send the benchmark domestic steel price surging more than 40 percent this year. Premiums added to the price of aluminum for delivery in the U.S. Midwest have more than doubled this year.
Whirlpool Corp. stock (whr) was downgraded to sector perform from outperform by analysts at RBC on Wednesday, on concerns about the pace of market share loss in North America and Europe among other factors. Whirlpool reported second-quarter earnings on Tuesday, and said it lost about 400 basis points of market share in the period to competitors. "Our concern is that a return to sustained growth for WHR may require sacrificing price/margin absent a change in competitive dynamics," analysts led by Mike Dahl wrote in a note.
The S&P 500’s top losses on July 24 were: Whirlpool (WHR) declined 14.52%. Quest Diagnostics (DGX) declined 8.24%. Nektar Therapeutics (NKTR) declined 5.89%. Hasbro (HAS) declined 4.65%. Centene (CNC) declined 4.5%. Whirlpool
Whirlpool misses earnings and revenue estimates for a number of reasons affecting business around the world.
While Medidata had a solid quarter, subscription growth was a concern for a JPMorgan analyst who downgraded the stock to neutral. Whirlpool Corporation shares saw their worst day of trading on Tuesday since 1987 as tariffs affected the company in its latest quarterly results.
Whirlpool Corp. said U.S. demand for its washing machines was “very soft” in the second quarter as the appliance maker raised prices to cover the rising cost of raw materials. “We continued to see significant inflation across a number of commodities and, in particular, with our biggest purchase items, steel and resins,” Chief Executive Marc Bitzer said on a call Tuesday. Whirlpool shares were off 13% at $130.55 as of midday Tuesday.
Many U.S. manufacturers are shrugging off concerns over tariffs and trade tensions so far, as strong demand at home and abroad is yielding stronger-than-expected profits. United Technologies Corp. and 3M Co. reported strong sales on Tuesday and said they were less concerned about tariffs imposed by the U.S., China and the European Union than about the rising cost of raw materials, labor and shipping. “These tariffs aren’t helpful to anybody but we’re going to have to deal with them,” said United Technologies Chief Executive Greg Hayes.
Disappointing earnings reports sent shares of these three companies lower today. Here's what investors need to know.
Stocks that moved substantially or traded heavily Tuesday: Alphabet Inc., up $47.15 to $1,258.15 Google's parent company topped analyst projections and investors were pleased with results from its mobile ...
The S&P 500 on Tuesday closed at its highest level since Feb. 1 as Alphabet's blowout results bolstered expectations of a robust earnings season. Alphabet Inc shares touched a record high of $1,275.00 after the online search company's quarterly results surpassed Wall Street estimates. Google's parent company was the biggest boost to the S&P 500.
Investors, though, reacted to misses on earnings per share and revenue and scaled-back guidance, as shares closed down 14.52% for the day to $128.82 The stock is down 22.9% in 2018 and 31.5% over the past year. Bitzer said the chief contributors to the earnings miss and the company's biggest concerns going forward are the cost of steel and resin that go into making the large metal boxes that become washing machines, dryers, stoves and refrigerators, the company's stock and trade. The two other important factors are freight, affected by the cost of fuel and a shortage of drivers in the trucking industry, and tariffs, including those imposed by President Donald Trump's administration on steel imports earlier this year.