Whirlpool (WHR) Posts Quarterly Earnings, Misses Expectations By $0.30 EPS
Whirlpool (NYSE:WHR) issued its quarterly earnings data on Wednesday. The company reported $2.62 EPS for the quarter, missing the Thomson Reuters consensus estimate of $2.92 by $0.30, ARN reports. The company had revenue of $4.70 billion for the quarter, compared to the consensus estimate of $4.85 billion.
A number of analysts have recently weighed in on WHR shares. Analysts at Sterne Agee initiated coverage on shares of Whirlpool in a research note on Wednesday, June 4th. They set a “buy” rating on the stock. On a related note, analysts at Longbow Research downgraded shares of Whirlpool from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 13th. They now have a $187.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Whirlpool in a research note on Thursday, May 8th. They now have a $159.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $169.00.
Whirlpool (NYSE:WHR) opened at 143.20 on Wednesday. Whirlpool has a 52 week low of $124.39 and a 52 week high of $160.01. The stock has a 50-day moving average of $140.4 and a 200-day moving average of $145.1. The company has a market cap of $11.133 billion and a P/E ratio of 15.35.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.