Whirlpool Co. (WHR) Expected to Announce Earnings of $4.01 Per Share

Equities research analysts expect that Whirlpool Co. (NYSE:WHR) will report $4.01 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Whirlpool’s earnings, with estimates ranging from $3.95 to $4.13. Whirlpool reported earnings of $4.33 per share in the same quarter last year, which indicates a negative year over year growth rate of 7.4%. The business is expected to report its next earnings report on Thursday, January 25th.

According to Zacks, analysts expect that Whirlpool will report full year earnings of $13.68 per share for the current financial year, with EPS estimates ranging from $13.60 to $13.78. For the next year, analysts forecast that the business will report earnings of $15.37 per share, with EPS estimates ranging from $15.00 to $15.90. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Whirlpool.

Whirlpool (NYSE:WHR) last issued its earnings results on Monday, October 23rd. The company reported $3.83 earnings per share for the quarter, missing the Zacks’ consensus estimate of $3.90 by ($0.07). Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The firm had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.50 billion. During the same quarter in the previous year, the business posted $3.66 EPS. Whirlpool’s revenue was up 3.2% compared to the same quarter last year.

Several analysts recently weighed in on the company. ValuEngine raised Whirlpool from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Credit Suisse Group set a $187.00 target price on Whirlpool and gave the company a “neutral” rating in a report on Tuesday, October 24th. Royal Bank of Canada lowered Whirlpool from a “top pick” rating to a “sector perform” rating and lowered their target price for the company from $209.00 to $184.00 in a report on Tuesday, October 24th. Finally, MKM Partners set a $177.00 target price on Whirlpool and gave the company a “hold” rating in a report on Friday, October 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $183.60.

Whirlpool (NYSE WHR) opened at $170.08 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.55 and a current ratio of 0.90. Whirlpool has a one year low of $158.80 and a one year high of $202.99. The company has a market capitalization of $12,230.00, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.74 and a beta of 1.87.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, November 17th were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.59%. The ex-dividend date was Thursday, November 16th. Whirlpool’s dividend payout ratio (DPR) is currently 41.51%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dupont Capital Management Corp bought a new position in Whirlpool during the second quarter worth about $100,000. Sun Life Financial INC lifted its stake in Whirlpool by 7,628.6% during the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after purchasing an additional 534 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Whirlpool by 26.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock worth $123,000 after purchasing an additional 135 shares during the period. Valeo Financial Advisors LLC bought a new position in Whirlpool during the third quarter worth about $129,000. Finally, Westwood Holdings Group Inc. bought a new position in Whirlpool during the second quarter worth about $153,000. 92.37% of the stock is currently owned by institutional investors and hedge funds.

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Whirlpool Company Profile

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

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Earnings History and Estimates for Whirlpool (NYSE:WHR)

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