Zacks: Analysts Anticipate Whirlpool Co. (WHR) Will Announce Earnings of $4.03 Per Share
Wall Street brokerages forecast that Whirlpool Co. (NYSE:WHR) will report $4.03 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have made estimates for Whirlpool’s earnings. The lowest EPS estimate is $3.95 and the highest is $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 6.9%. The firm is expected to report its next earnings results on Thursday, January 25th.
According to Zacks, analysts expect that Whirlpool will report full-year earnings of $13.70 per share for the current fiscal year, with EPS estimates ranging from $13.60 to $13.78. For the next financial year, analysts expect that the company will post earnings of $15.47 per share, with EPS estimates ranging from $15.20 to $15.90. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Whirlpool.
Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, October 23rd. The company reported $3.83 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.90 by ($0.07). The firm had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $5.50 billion. Whirlpool had a return on equity of 18.45% and a net margin of 3.76%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.66 EPS.
A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in Whirlpool 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. raised its position in Whirlpool 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 raised its position in Whirlpool 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. raised its position in Whirlpool 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, Evercore Trust Company N.A. raised its position in Whirlpool by 4.1% in the 3rd quarter. Evercore Trust Company N.A. now owns 1,355,246 shares of the company’s stock worth $249,962,000 after buying an additional 53,819 shares during the last quarter. 92.74% of the stock is owned by institutional investors and hedge funds.
Shares of Whirlpool (WHR) traded down $0.79 during trading on Friday, reaching $169.70. 558,031 shares of the company were exchanged, compared to its average volume of 804,026. The company has a market cap of $12,204.49, a PE ratio of 12.12, a price-to-earnings-growth ratio of 1.72 and a beta of 1.88. Whirlpool has a 52 week low of $158.80 and a 52 week high of $202.99. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 0.65.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, November 16th. Whirlpool’s dividend payout ratio (DPR) is 41.47%.
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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