$5.04 EPS Expected for Whirlpool Co. (NYSE:WHR) This Quarter


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Analysts expect Whirlpool Co. (NYSE:WHR) to report $5.04 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have issued estimates for Whirlpool’s earnings, with the highest EPS estimate coming in at $5.20 and the lowest estimate coming in at $4.85. Whirlpool reported earnings per share of $2.82 in the same quarter last year, which indicates a positive year over year growth rate of 78.7%. The company is scheduled to announce its next quarterly earnings results after the market closes on Wednesday, April 21st.

On average, analysts expect that Whirlpool will report full-year earnings of $20.25 per share for the current fiscal year, with EPS estimates ranging from $19.35 to $21.41. For the next fiscal year, analysts expect that the business will report earnings of $21.15 per share, with EPS estimates ranging from $19.50 to $23.42. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that follow Whirlpool.

Whirlpool (NYSE:WHR) last issued its earnings results on Tuesday, January 26th. The company reported $6.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $6.07 by $0.57. The business had revenue of $5.80 billion during the quarter, compared to the consensus estimate of $5.64 billion. Whirlpool had a net margin of 4.42% and a return on equity of 22.08%. Whirlpool’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the business posted $4.91 EPS.

Several research analysts have weighed in on WHR shares. Zacks Investment Research cut shares of Whirlpool from a “strong-buy” rating to a “hold” rating and set a $199.00 price target on the stock. in a report on Wednesday, December 23rd. JPMorgan Chase & Co. increased their price target on shares of Whirlpool from $258.00 to $261.00 and gave the company an “overweight” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $191.29.

In related news, EVP Joao Carlos Brega sold 6,866 shares of the stock in a transaction that occurred on Friday, February 5th. The shares were sold at an average price of $190.23, for a total transaction of $1,306,119.18. Following the sale, the executive vice president now owns 30,571 shares in the company, valued at approximately $5,815,521.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Marc R. Bitzer sold 6,794 shares of the stock in a transaction that occurred on Monday, January 25th. The stock was sold at an average price of $210.26, for a total transaction of $1,428,506.44. Following the sale, the chief executive officer now owns 6,794 shares in the company, valued at approximately $1,428,506.44. The disclosure for this sale can be found here. Insiders have sold 60,556 shares of company stock worth $12,450,654 over the last ninety days. Insiders own 1.20% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of WHR. Amundi Pioneer Asset Management Inc. boosted its position in shares of Whirlpool by 255.8% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 131,570 shares of the company’s stock worth $17,483,000 after acquiring an additional 94,587 shares in the last quarter. AlphaCrest Capital Management LLC acquired a new stake in Whirlpool in the third quarter valued at approximately $251,000. UBS Asset Management Americas Inc. boosted its position in Whirlpool by 15.2% in the third quarter. UBS Asset Management Americas Inc. now owns 271,170 shares of the company’s stock valued at $49,865,000 after buying an additional 35,869 shares in the last quarter. Morgan Stanley boosted its position in Whirlpool by 37.9% in the third quarter. Morgan Stanley now owns 199,963 shares of the company’s stock valued at $36,772,000 after buying an additional 54,935 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its position in Whirlpool by 25.0% in the third quarter. Public Sector Pension Investment Board now owns 7,506 shares of the company’s stock valued at $1,380,000 after buying an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

Whirlpool stock traded down $0.93 during trading hours on Monday, hitting $229.44. The company had a trading volume of 1,500 shares, compared to its average volume of 749,196. The firm has a market cap of $14.40 billion, a PE ratio of 17.65, a PEG ratio of 0.90 and a beta of 2.01. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.98 and a quick ratio of 0.71. Whirlpool has a one year low of $93.81 and a one year high of $236.90. The firm has a 50-day moving average of $207.29 and a 200 day moving average of $194.91.

The firm also recently announced a quarterly dividend, which was paid on Monday, March 15th. Stockholders of record on Friday, February 26th were issued a dividend of $1.25 per share. The ex-dividend date of this dividend was Thursday, February 25th. This represents a $5.00 annualized dividend and a dividend yield of 2.18%. Whirlpool’s dividend payout ratio is presently 31.25%.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.

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Earnings History and Estimates for Whirlpool (NYSE:WHR)

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