|Bid||139.50 x 1200|
|Ask||142.80 x 2900|
|Day's Range||135.50 - 140.62|
|52 Week Range||99.40 - 167.54|
|Beta (3Y Monthly)||1.78|
|PE Ratio (TTM)||46.95|
|Earnings Date||Jul 22, 2019|
|Forward Dividend & Yield||4.60 (3.46%)|
|1y Target Est||138.20|
The first quarter earnings season is well and truly upon us, as Wall Street turns its attention away from catalysts such as the Federal Reserve and U.S.-China trade talks and focuses instead on fundamentals like revenues and profit margins.So far, results are beating expectations but still showing a slide on the bottom line. Through April 18, 15% of the companies in the S&P 500 reported results. Of those, according to FactSet, 78% beat estimates with results that were 5.7% ahead of analyst expectations. But earnings on a year-over-year basis are down 4.3%.If the earnings decline holds, it will mark the first pullback in profits since the middle of 2016.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Sell Before They Give Back 2019 Gains However, investors seem to be focusing on the positive … so far. They're rewarding stocks that are beating estimates instead of focusing on the overall decline in earnings. Here are four stocks that are rallying today following earnings results: Twitter (TWTR) Click to EnlargeTwitter (NYSE:TWTR) shares are soaring, up more than 16% as I write this, after reporting better-than-expected results. The move pushes the stock up and out of a sideways consolidation range going back to last summer. And it even caught the eye of President Trump, who took to the Twitter platform to claim credit for its success and warn against alleged anti-conservative bias.The company reported earnings of 37 cents per share, 22 cents above estimates, on an 18.3% rise in revenues. Daily average users came in at 134 million vs. estimates for around 128 million. United Technologies (UTX) Click to EnlargeShares of United Technologies (NYSE:UTX) are testing, within pennies, the prior high set last September marking a 40%+ rally off of the late December low. The company reported results before the open, with earnings of $1.91 per share beating estimates by 19 cents on a 20.5% rise in revenues. * 10 High-Yielding Dividend Stocks That Won't Wilt This marked the ninth consecutive quarter of beating earnings estimates as the company enjoyed its best organic growth rate in over a decade. The seemingly insatiable demand for airliners is fueling solid results at its Pratt & Whitney engine subsidiary. Kimberly Clark (KMB) Click to EnlargeToilet paper maker Kimberly Clark (NYSE:KMB) is enjoying an upside breakout after reporting results on Monday. The move pushes shares up and over multi-year resistance near the $125-a-share level that was first established in early 2016. The company reported earnings of $1.66 per share, 11 cents ahead of estimates on a 2.1% drop in revenues.A series of analyst upgrades have followed, including Argus and Macquarie. The highlight was on a 3% jump in organic revenues and a reaffirming of 2019 guidance. Management continues to focus on alleviating the impact of rising input prices and was able to trim $115 million from its expense line, partially as a result of closing two personal face facilities. Whirlpool (WHR) Click to EnlargeShares of appliance maker Whirlpool (NYSE:WHR) are rallying to test prior highs set in late February, partially reversing the slide from the 2017 highs near $190. The company has enjoyed a lift following President Trump's trade action against imported washing machines and dishwashers. The result was the largest-ever three-month increase in the cost of washing machines, helping bolster Whirlpool's bottom line. * 7 Red-Hot E-Commerce Stocks to Consider The company reported earnings of $3.11 per share, 26 cents ahead of estimates, despite a 3.1% drop in revenues. Management reaffirmed full-year guidance, including expectations of upwards of $900 million in free cash flow.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post 4 Stocks Surging on Earnings Surprises appeared first on InvestorPlace.
Whirlpool Corporation (NYSE: WHR ) reported first-quarter adjusted earnings per share Monday ahead of Street expectations and reiterated its full-year guidance, mainly on the back of lower input cost inflation, ...
Gratia Capital is a Los Angeles-based multi-strategy, value, and event-oriented hedge fund. It was founded seven years ago by Steven Pei, a former Vice President at Canyon Capital Advisors. To form his own investment advisor, Steven Pei got the seed money from Geoffrey Raynor’s Investment in the amount of $25 million. Steven Pei is the […]
Earnings obsessed? Our call of the day urges investors to move past what will likely be an uninspiring quarter or two of corporate results, and start thinking about how to preserve their investment gains in a market that has already risen strongly this year.
shares traded higher Tuesday after the appliance maker topped analysts' forecasts in its first quarter earnings report while confirming its full-year profit outlook as price hikes and lower U.S. input costs boosted it bottom line. Whirpool said adjusted earnings for the three months ending in March came in at $3.11 per share, up 10.7% from the same period last year and firmly ahead of the consensus estimate of $2.86 per share. "We delivered another strong quarter with margin expansion and record first-quarter earnings per share despite a soft demand environment in several countries," said CEO Marc Bitzer.
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.
Whirlpool (NYSE:WHR) reported its quarterly earnings results after hours Monday, bringing in adjusted earnings that handily topped expectations, playing a role in WHR stock skyrocketing after the bell.The Benton Harbor, Mich.-based home appliances maker said that for its first quarter of the fiscal 2019, it amassed net income of $471 million, or $7.31 per share. This was about 401% higher than the company's net income during the same quarter in its fiscal 2018, when it brought in $94 million, or $1.30 per share.On an adjusted basis, Whirlpool said it brought in earnings of $3.11 per share, which was about 25 cents higher than the Wall Street consensus estimate, as analysts surveyed by FactSet predicted adjusted earnings of $2.86 per share.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt was less of a positive period on the revenue front as the business raked in sales of $4.76 billion for the first three months of its 2019, more than 3% below its revenue of $4.76 billion from the same period in 2018. Analysts were calling for Whirlpool to bring in revenue of $4.83 billion, according to data compiled by FactSet.For its fiscal 2019, the appliances company says it projects unadjusted earnings in the range of $14.05 to $15.05 per share. The midpoint guidance of $14.55 per share is well ahead of the Wall Street unadjusted earnings outlook of $13.38 per share.WHR stock is up about 9.2% after the bell Monday following the company's strong quarterly earning showing. Shares had been gaining roughly 0.2% during regular trading hours. More From InvestorPlace * 5 Dividend Stocks Perfect for Retirees * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Stocks to Buy for Spring Season Growth Compare Brokers The post Whirlpool Earnings: WHR Stock Soars as Q1 EPS Shatter Expectations appeared first on InvestorPlace.
(Reuters) - Appliances maker Whirlpool Corp beat analysts' estimates for quarterly profit on Monday, fuelled by price increases to counter higher raw material and freight costs. Shares of the company rose ...
The Benton Harbor, Michigan-based company said it had net income of $7.31 per share. Earnings, adjusted for non-recurring gains, were $3.11 per share. The results beat Wall Street expectations. The average ...
Whirlpool Corp. shares rallied in the extended session Monday after the appliance maker topped Wall Street earnings estimates for the quarter. Whirlpool shares rallied 5% after hours, following a 0.2% rise to close the regular session at $139.36. The company reported first-quarter net income of $471 million, or $7.31 a share, compared with $94 million, or $1.30 a share, in the year-ago period. Adjusted earnings were $3.11 a share. Revenue declined to $4.76 billion from $4.91 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of $2.86 a share on revenue of $4.83 billion. For the year, Whirlpool expects unadjusted earnings of $14.05 to $15.05 a share, while analysts had forecast unadjusted earnings of $13.38 a share.
Appliances maker Whirlpool Corp reported a more than five-fold jump in quarterly profit on Monday, largely due to price increases and a tight rein on costs. Net earnings available to Whirlpool rose to ...
- GAAP net earnings were $471 million , or $7.31 per diluted share, compared to $94 million , or $1.30 in the same prior-year period. Ongoing earnings per diluted share (non-GAAP)(1) of $3.11 were a first-quarter ...
Fear Just talk. There has been so much discussion in the print media of late covering market direction. The obvious hand wringing. The gnashing of teeth. The whole wall of worry. I too, sit and think about market direction.
During the fourth quarter the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 7 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 […]
Whirlpool (WHR) gains from its product pipeline, innovations and cost-productivity initiatives. However, it witnesses raw material cost inflation, which might hurt results.
BENTON HARBOR, Mich. , April 16, 2019 /PRNewswire/ -- Today Whirlpool Corporation (NYSE: WHR) announced the results of its annual stockholders' meeting, including the election of directors for the next ...
Whirlpool beat analysts' estimates for quarterly profit, fueled by price increases to counter higher raw material and freight costs. The appliances maker also hiked its quarterly dividend by 4.3% and reaffirmed its full-year profit forecast of between $14 and $15 per share.