Wall Street analysts expect Whirlpool Corporation (NYSE:WHR) to report $4.19 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Whirlpool Corporation’s earnings, with the lowest EPS estimate coming in at $3.95 and the highest estimate coming in at $4.67. Whirlpool Corporation reported earnings of $4.33 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 3.2%. The firm is scheduled to announce its next quarterly earnings results on Thursday, January 25th.

On average, analysts expect that Whirlpool Corporation will report full year earnings of $13.86 per share for the current financial year, with EPS estimates ranging from $13.60 to $14.52. For the next financial year, analysts anticipate that the company will post earnings of $15.79 per share, with EPS estimates ranging from $15.20 to $16.94. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Whirlpool Corporation.

Whirlpool Corporation (NYSE:WHR) last released its quarterly earnings data 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). The company had revenue of $5.42 billion for the quarter, compared to analysts’ expectations of $5.50 billion. Whirlpool Corporation had a net margin of 3.76% and a return on equity of 18.45%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.66 EPS.

WHR has been the topic of a number of analyst reports. Zacks Investment Research cut Whirlpool Corporation from a “hold” rating to a “strong sell” rating in a research report on Friday, October 27th. ValuEngine upgraded Whirlpool Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Royal Bank Of Canada cut Whirlpool Corporation from a “top pick” rating to a “sector perform” rating and dropped their target price for the company from $209.00 to $184.00 in a research report on Tuesday, October 24th. BidaskClub cut Whirlpool Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, MKM Partners set a $177.00 target price on Whirlpool Corporation and gave the company a “hold” rating in a research report on Friday, October 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $184.67.

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Whirlpool Corporation by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 7,314,502 shares of the company’s stock worth $1,401,605,000 after buying an additional 23,724 shares during the last quarter. Greenhaven Associates Inc. boosted its holdings in Whirlpool Corporation by 0.8% in the 3rd quarter. Greenhaven Associates Inc. now owns 2,759,675 shares of the company’s stock worth $508,994,000 after buying an additional 22,525 shares during the last quarter. Harris Associates L P boosted its holdings in Whirlpool Corporation by 12.5% in the 2nd quarter. Harris Associates L P now owns 2,180,839 shares of the company’s stock worth $417,892,000 after buying an additional 241,659 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in Whirlpool Corporation by 7.1% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,837,517 shares of the company’s stock worth $338,912,000 after buying an additional 122,189 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Whirlpool Corporation by 7.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,141,492 shares of the company’s stock worth $218,713,000 after buying an additional 79,088 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

Whirlpool Corporation (NYSE WHR) traded down $0.57 during midday trading on Friday, hitting $163.85. The company’s stock had a trading volume of 510,824 shares, compared to its average volume of 1,423,689. The firm has a market cap of $11,743.10, a PE ratio of 11.66 and a beta of 1.87.

Whirlpool Corporation announced that its board has initiated a stock buyback program on Wednesday, July 26th that permits the company to repurchase $2.35 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 16.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 17th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 2.69%. The ex-dividend date is Thursday, November 16th. Whirlpool Corporation’s payout ratio is 41.47%.

ILLEGAL ACTIVITY NOTICE: “$4.19 Earnings Per Share Expected for Whirlpool Corporation (WHR) This Quarter” was first posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another website, it was stolen and reposted in violation of US & international copyright laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/11/03/4-19-earnings-per-share-expected-for-whirlpool-corporation-whr-this-quarter.html.

About Whirlpool Corporation

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.

Get a free copy of the Zacks research report on Whirlpool Corporation (WHR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Whirlpool Corporation (NYSE:WHR)

Receive News & Ratings for Whirlpool Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool Corporation and related companies with MarketBeat.com's FREE daily email newsletter.